Arc Automotive, Inc.

$2,935,062 PPP Loan in Knoxville, Tennessee

Loan Details

Loan Number
3729067304
Date Approved
Apr 29, 2020
Loan Status
Paid in Full
Initial Approval
$2,935,062
Current Approval
$2,935,062
Forgiveness Amount
$2,967,185
Forgiveness Date
Jun 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Arc Automotive, Inc.
Address
1729 Midpark Rd
ZIP Code
37921
Business Type
Corporation
Industry (NAICS)
Manufacturing (336390)
Business Age
Existing or more than 2 years old
Jobs Reported
277
Estimated Revenue
$72.5M
Rural/Urban
Urban
Congressional District
TN-02

Loan Use Breakdown

Payroll
$2,935,062

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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