Arc Erecting

$291,100 PPP Loan in Newport, Maine

Loan Details

Loan Number
5061297007
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$291,100
Current Approval
$217,640
Forgiveness Amount
$219,030
Forgiveness Date
Dec 8, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Arc Erecting
Address
115 Barrows Point Road
State
Maine
ZIP Code
04953-4114
Business Type
Corporation
Industry (NAICS)
Construction (238120)
Business Age
Existing or more than 2 years old
Jobs Reported
14
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
ME-02

Loan Use Breakdown

Payroll
$217,640

Lender Information

Servicing Lender
Machias Savings Bank
Originating Lender
Machias Savings Bank

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