Pro-Arc Electrical Construction Co.

$950,000 PPP Loan in Arlington Heights, Illinois

Loan Details

Loan Number
4489418608
Date Approved
Mar 18, 2021
Loan Status
Paid in Full
Initial Approval
$950,000
Current Approval
$950,000
Forgiveness Amount
$955,515
Forgiveness Date
Oct 25, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Pro-Arc Electrical Construction Co.
Address
1229 E Algonquin Rd Ste B
ZIP Code
60005-4753
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
29
Estimated Revenue
$9.5M
Rural/Urban
Urban
Congressional District
IL-03

Loan Use Breakdown

Payroll
$949,995
Utilities
$1

Lender Information

Servicing Lender
Fifth Third Bank
Originating Lender
Fifth Third Bank

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