PPP Loan information for Openarc llc

$1,922,787

Openarc llc was initially approved for PPP Loan of amount $1,922,787, the current approved amount is $1,922,787. The loan was approved on 03/31/2021 by The First Commonwealth Bank reported 81 jobs and $1,922,787 was used to fund payroll.

Openarc llc is Existing or more than 2 years old

OPENARC LLC

Date Approved

03/31/2021

SBA Office Code

0358

Processing Method

PPS

Borrower Name

OPENARC LLC

Borrower Address

109 Vip Dr Ste 200

Borrower City

Wexford

Borrower State

PA

Borrower Zip

15090-6929

Loan Status Date

01/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1922787.23

Current Approval Amount

1922787.23

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60009

Servicing Lender Name

First Commonwealth Bank

Servicing Lender Address

600 Philadelphia St

Servicing Lender City

INDIANA

Servicing Lender State

PA

Servicing Lender Zip

15701-3904

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wexford

Project County Name

ALLEGHENY

Project State

PA

Project Zip

15090-6929

CD

PA-17

Jobs Reported

81

NAICS Code

561311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1922787.23

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

Limited Liability Company(LLC)

Originating Lender Location Id

60009

Originating Lender

First Commonwealth Bank

Originating Lender City

INDIANA

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1935535.57

Forgiveness Date

12/01/2021

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