Arco Electric INC

$720,600 PPP Loan in Sandy, Utah

Loan Details

Loan Number
4183147110
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$720,600
Current Approval
$720,600
Forgiveness Amount
$727,924
Forgiveness Date
May 13, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Arco Electric INC
Address
597 West 9320 South
City
Sandy
State
Utah
ZIP Code
84070
Business Type
Sole Proprietorship
Industry (NAICS)
Construction (236118)
Business Age
Existing or more than 2 years old
Jobs Reported
61
Estimated Revenue
$18.5M
Rural/Urban
Urban
Congressional District
UT-03

Loan Use Breakdown

Payroll
$720,600

Lender Information

Servicing Lender
Customers Bank
Originating Lender
Readycap Lending, LLC

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