PPP Loan information for The arc inc.

$244,642

The arc inc. was initially approved for PPP Loan of amount $244,642, the current approved amount is $244,642. The loan was approved on 03/27/2021 by The D. L. Evans Bank reported 31 jobs and $244,642 was used to fund payroll.

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

THE ARC INC.

Date Approved

03/27/2021

SBA Office Code

1087

Processing Method

PPS

Borrower Name

THE ARC INC.

Borrower Address

4402 W Albion St

Borrower City

Boise

Borrower State

ID

Borrower Zip

83705-1324

Loan Status Date

04/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

244642.00

Current Approval Amount

244642.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20132

Servicing Lender Name

D. L. Evans Bank

Servicing Lender Address

375 N Overland Ave

Servicing Lender City

BURLEY

Servicing Lender State

ID

Servicing Lender Zip

83318-3432

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Boise

Project County Name

ADA

Project State

ID

Project Zip

83705-1324

CD

ID-02

Jobs Reported

31

NAICS Code

624120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

244640.00

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

20132

Originating Lender

D. L. Evans Bank

Originating Lender City

BURLEY

Originating Lender State

ID

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

247075.01

Forgiveness Date

03/29/2022

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