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Arc Mechanical Inc.

$527,700 PPP Loan in Keokuk, Iowa

Loan Details

Loan Number
2482238306
Date Approved
Jan 20, 2021
Loan Status
Paid in Full
Initial Approval
$527,700
Current Approval
$527,700
Forgiveness Amount
$531,763
Forgiveness Date
Nov 1, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Arc Mechanical Inc.
Address
2600 S 7th St
City
Keokuk
State
Iowa
ZIP Code
52632-3532
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238990)
Business Age
Existing or more than 2 years old
Jobs Reported
34
Estimated Revenue
$11.6M
Rural/Urban
Rural
Congressional District
IA-01

Loan Use Breakdown

Payroll
$527,697
Utilities
$1

Lender Information

Servicing Lender
Connection Bank
Originating Lender
Connection Bank

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