Arcooil Corp

$71,400 PPP Loan in Graham, Texas

Loan Details

Loan Number
2087417806
Date Approved
May 22, 2020
Loan Status
Paid in Full
Initial Approval
$71,400
Current Approval
$71,400
Forgiveness Amount
$72,331
Forgiveness Date
Sep 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Arcooil Corp
Address
471 State Hwy 67
City
Graham
State
Texas
ZIP Code
76450
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (324199)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
$9.9M
Rural/Urban
Rural
Congressional District
TX-25

Loan Use Breakdown

Payroll
$53,550
Utilities
$8,925
Mortgage Interest
$8,925

Lender Information

Servicing Lender
Celtic Bank Corporation
Originating Lender
Celtic Bank Corporation

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