Arc Controls, Inc.

$425,700 PPP Loan in Mobile, Alabama

Loan Details

Loan Number
5534237001
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$425,700
Current Approval
$425,700
Forgiveness Amount
$430,501
Forgiveness Date
May 27, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Arc Controls, Inc.
Address
4875 Tufts Rd
City
Mobile
State
Alabama
ZIP Code
36619-8933
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811310)
Business Age
Existing or more than 2 years old
Jobs Reported
41
Estimated Revenue
$8.8M
Rural/Urban
Urban
Congressional District
AL-01

Loan Use Breakdown

Payroll
$404,000
Rent
$5,000
Utilities
$5,700
Debt Interest
$11,000

Lender Information

Servicing Lender
Servisfirst Bank
Originating Lender
Servisfirst Bank

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