Northeast Arc Inc.

$8,502,822 PPP Loan in Danvers, Massachusetts

Loan Details

Loan Number
2281659009
Date Approved
May 15, 2021
Loan Status
Paid in Full
Initial Approval
$8,502,822
Current Approval
$8,500,400
Forgiveness Amount
$8,554,197
Forgiveness Date
Feb 15, 2022
Term
60 months
Draw
First Draw

Business Information

Business Name
Northeast Arc Inc.
Address
1 Southside Rd
ZIP Code
01923-1408
Business Type
Corporation
Industry (NAICS)
Health Care and Social Assistance (623210)
Business Age
Existing or more than 2 years old
Jobs Reported
500
Estimated Revenue
$85.1M
Rural/Urban
Urban
Congressional District
MA-06

Loan Use Breakdown

Payroll
$8,500,400

Lender Information

Servicing Lender
Leader Bank, National Association
Originating Lender
Leader Bank, National Association

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