Arc 1 Electric, Inc.

$233,788 PPP Loan in Hickory Hills, Illinois

Loan Details

Loan Number
1395308202
Date Approved
Jul 30, 2020
Loan Status
Paid in Full
Initial Approval
$233,788
Current Approval
$233,788
Forgiveness Amount
$235,677
Forgiveness Date
May 26, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
Arc 1 Electric, Inc.
Address
7707 W 98th St
ZIP Code
60457-2338
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
17
Estimated Revenue
$5.6M
Rural/Urban
Urban
Congressional District
IL-06

Loan Use Breakdown

Payroll
$233,788

Lender Information

Servicing Lender
First Merchants Bank
Originating Lender
First Merchants Bank

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