PPP Loan information for The arc of northeast indiana inc.

$3,220,010

The arc of northeast indiana inc. was initially approved for PPP Loan of amount $3,220,010, the current approved amount is $3,220,010. The loan was approved on 04/17/2021 by The Old National Bank reported 500 jobs and $3,220,010 was used to fund payroll.

The arc of northeast indiana inc. is Existing or more than 2 years old

THE ARC OF NORTHEAST INDIANA INC.

Date Approved

04/17/2021

SBA Office Code

0562

Processing Method

PPP

Borrower Name

THE ARC OF NORTHEAST INDIANA INC.

Borrower Address

4919 Coldwater Rd

Borrower City

Fort Wayne

Borrower State

IN

Borrower Zip

46825-5532

Loan Status Date

01/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

3220010.00

Current Approval Amount

3220010.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fort Wayne

Project County Name

ALLEN

Project State

IN

Project Zip

46825-5532

CD

IN-03

Jobs Reported

500

NAICS Code

623210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

3220010.00

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

3241006.23

Forgiveness Date

12/17/2021

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