PPP Loan information for Midstate arc, inc

$1,879,300

Midstate arc, inc was initially approved for PPP Loan of amount $1,879,300, the current approved amount is $1,879,300. The loan was approved on 04/05/2020 by The Ion Bank reported 155 jobs and $1,879,300 was used to fund payroll.

Midstate arc, inc is Existing or more than 2 years old

PPP Loan Search / CT / MERIDEN / Midstate arc, inc

MIDSTATE ARC, INC

Date Approved

04/05/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

MIDSTATE ARC, INC

Borrower Address

200 RESEARCH PKWY

Borrower City

MERIDEN

Borrower State

CT

Borrower Zip

06450-7171

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1879300.00

Current Approval Amount

1879300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16333

Servicing Lender Name

Ion Bank

Servicing Lender Address

87 Church St

Servicing Lender City

NAUGATUCK

Servicing Lender State

CT

Servicing Lender Zip

06770-4111

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MERIDEN

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06450-7171

CD

CT-05

Jobs Reported

155

NAICS Code

623990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1879300.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

16333

Originating Lender

Ion Bank

Originating Lender City

NAUGATUCK

Originating Lender State

CT

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

1893562.08

Forgiveness Date

01/19/2021

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