Arctransit INC

$805,800 PPP Loan in Wilmington, North Carolina

Loan Details

Loan Number
4930107103
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$805,800
Current Approval
$805,800
Forgiveness Amount
$810,725
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Arctransit INC
Address
2715 Ashton Dr
ZIP Code
28412-2490
Business Type
Subchapter S Corporation
Industry (NAICS)
Transportation and Warehousing (488490)
Business Age
Existing or more than 2 years old
Jobs Reported
56
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NC-07

Loan Use Breakdown

Payroll
$805,800

Lender Information

Servicing Lender
Pnc Bank, National Association
Originating Lender
Pnc Bank, National Association

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