PPP Loan information for The arc minnesota inc.

$1,310,321

The arc minnesota inc. was initially approved for PPP Loan of amount $1,310,321, the current approved amount is $1,310,321. The loan was approved on 01/28/2021 by The Bremer Bank, National Association reported 159 jobs and $1,310,321 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

01/28/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

THE ARC MINNESOTA INC.

Borrower Address

2446 University Ave W Ste 110

Borrower City

Saint Paul

Borrower State

MN

Borrower Zip

55114-1740

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1310321.00

Current Approval Amount

1310321.00

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

Y

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

55114-1740

CD

MN-04

Jobs Reported

159

NAICS Code

813311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1310316.00

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

1317500.84

Forgiveness Date

08/23/2021

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