PPP Loan information for The arc minnesota, inc.

$1,278,800

The arc minnesota, inc. was initially approved for PPP Loan of amount $1,287,100, the current approved amount is $1,278,800. The loan was approved on 04/10/2020 by The Bremer Bank, National Association reported 131 jobs and $1,278,800 was used to fund payroll.

The arc minnesota, inc. is Existing or more than 2 years old

PPP Loan Search / MN / SAINT PAUL / The arc minnesota, inc.

THE ARC MINNESOTA, INC.

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

THE ARC MINNESOTA, INC.

Borrower Address

2446 University Ave, Ste 110

Borrower City

SAINT PAUL

Borrower State

MN

Borrower Zip

55114

Loan Status Date

01/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1287100.00

Current Approval Amount

1278800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38908

Servicing Lender Name

Bremer Bank, National Association

Servicing Lender Address

372 St. Peter St

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55102-1302

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT PAUL

Project County Name

RAMSEY

Project State

MN

Project Zip

55114-0001

CD

MN-04

Jobs Reported

131

NAICS Code

624310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1278800.00

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

Professional Association

Originating Lender Location Id

38908

Originating Lender

Bremer Bank, National Association

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1276238.99

Forgiveness Date

11/17/2020

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