Arc Design Resources Inc.

$240,000 PPP Loan in Loves Park, Illinois

Loan Details

Loan Number
3491298505
Date Approved
Feb 24, 2021
Loan Status
Paid in Full
Initial Approval
$240,000
Current Approval
$240,000
Forgiveness Amount
$241,767
Forgiveness Date
Nov 19, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Arc Design Resources Inc.
Address
5291 Zenith Pkwy
ZIP Code
61111-2727
Business Type
Subchapter S Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541330)
Business Age
Existing or more than 2 years old
Jobs Reported
20
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-16

Loan Use Breakdown

Payroll
$239,994
Utilities
$1

Lender Information

Servicing Lender
First Mid Bank & Trust, National Association
Originating Lender
First Mid Bank and Trust National Association

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