Arc Industries Inc.

$188,348 PPP Loan in Schaumburg, Illinois

Loan Details

Loan Number
1410078400
Date Approved
Feb 1, 2021
Loan Status
Paid in Full
Initial Approval
$188,348
Current Approval
$188,348
Forgiveness Amount
$189,258
Forgiveness Date
Jul 28, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Arc Industries Inc.
Address
2020 Hammond Dr
ZIP Code
60173-3810
Business Type
Corporation
Industry (NAICS)
Manufacturing (333517)
Business Age
Existing or more than 2 years old
Jobs Reported
14
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$188,343
Utilities
$1

Lender Information

Servicing Lender
Cornerstone National Bank & Trust Company
Originating Lender
Cornerstone National Bank & Trust Company

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