Arc-Tronics INC

$1,420,300 PPP Loan in Elk Grove Village, Illinois

Loan Details

Loan Number
4912577002
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$1,420,300
Current Approval
$1,420,300
Forgiveness Amount
$1,428,269
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Arc-Tronics INC
Address
Pagni Dr
ZIP Code
60007-6601
Business Type
Corporation
Industry (NAICS)
Manufacturing (334412)
Business Age
Existing or more than 2 years old
Jobs Reported
146
Estimated Revenue
$38.2M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$1,420,300

Lender Information

Servicing Lender
Village Bank and Trust, National Association
Originating Lender
Village Bank and Trust, National Association

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