PPP Loan information for The arc rapides, inc.

$391,700

The arc rapides, inc. was initially approved for PPP Loan of amount $391,700, the current approved amount is $391,700. The loan was approved on 04/08/2020 by The Red River Bank reported 87 jobs and $391,700 was used to fund payroll.

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

PPP Loan Search / LA / ALEXANDRIA / The arc rapides, inc.

THE ARC RAPIDES, INC.

Date Approved

04/08/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

THE ARC RAPIDES, INC.

Borrower Address

1700 ASHLEY AVE

Borrower City

ALEXANDRIA

Borrower State

LA

Borrower Zip

71301-7343

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

391700.00

Current Approval Amount

391700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123420

Servicing Lender Name

Red River Bank

Servicing Lender Address

1412 Centre Court Dr, Ste 101

Servicing Lender City

ALEXANDRIA

Servicing Lender State

LA

Servicing Lender Zip

71301-3441

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ALEXANDRIA

Project County Name

RAPIDES

Project State

LA

Project Zip

71301-7343

CD

LA-05

Jobs Reported

87

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

391700.00

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

123420

Originating Lender

Red River Bank

Originating Lender City

ALEXANDRIA

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

393886.99

Forgiveness Date

11/03/2020

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