PPP Loan information for The arc of oakland county

$186,500

The arc of oakland county was initially approved for PPP Loan of amount $186,500, the current approved amount is $186,500. The loan was approved on 05/27/2020 by The Comerica Bank reported 17 jobs and $186,500 was used to fund payroll.

The arc of oakland county is Existing or more than 2 years old

THE ARC OF OAKLAND COUNTY

Date Approved

05/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

THE ARC OF OAKLAND COUNTY

Borrower Address

1641 W BIG BEAVER RD

Borrower City

TROY

Borrower State

MI

Borrower Zip

48084

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

186500.00

Current Approval Amount

186500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TROY

Project County Name

OAKLAND

Project State

MI

Project Zip

48084-0001

CD

MI-11

Jobs Reported

17

NAICS Code

624120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

186500.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

188598.12

Forgiveness Date

07/09/2021

;