Arc Insulation, Inc.

$440,000 PPP Loan in Romeoville, Illinois

Loan Details

Loan Number
3533527200
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$440,000
Current Approval
$440,000
Forgiveness Amount
$442,298
Forgiveness Date
Nov 5, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Arc Insulation, Inc.
Address
29 Forestwood Ct, Unit 1
ZIP Code
60446-1476
Business Type
Corporation
Industry (NAICS)
Construction (238310)
Business Age
Existing or more than 2 years old
Jobs Reported
24
Estimated Revenue
$6.1M
Rural/Urban
Urban
Congressional District
IL-14

Loan Use Breakdown

Payroll
$330,000
Rent
$66,000
Utilities
$44,000

Lender Information

Servicing Lender
Wheaton Bank & Trust Company, National Association
Originating Lender
Wheaton Bank & Trust Company, National Association

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