Arc 1 Electric Inc.

$233,788 PPP Loan in Hickory Hills, Illinois

Loan Details

Loan Number
2577708406
Date Approved
Feb 3, 2021
Loan Status
Paid in Full
Initial Approval
$233,788
Current Approval
$233,788
Forgiveness Amount
$235,715
Forgiveness Date
Dec 9, 2021
Term
60 months
Draw
Second 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
13
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-06

Loan Use Breakdown

Payroll
$233,786
Utilities
$1

Lender Information

Servicing Lender
First Merchants Bank
Originating Lender
First Merchants Bank

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