Arc Electric, Inc.

$1,500,000 PPP Loan in Davie, Florida

Loan Details

Loan Number
5546157009
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$1,500,000
Current Approval
$615,000
Forgiveness Amount
$619,766
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Arc Electric, Inc.
Address
3328 SW 46th Ave
City
Davie
State
Florida
ZIP Code
33314-2215
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
New Business or 2 years or less
Jobs Reported
45
Estimated Revenue
$14.8M
Rural/Urban
Urban
Congressional District
FL-25

Loan Use Breakdown

Payroll
$615,000

Lender Information

Servicing Lender
Bankunited, National Association
Originating Lender
Bankunited, National Association

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