Arc 3304 Limited
$934,600 PPP Loan in Morton Grove, Illinois
Loan Details
- Loan Number
- 5702767007
- Date Approved
- Apr 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $934,600
- Current Approval
- $934,600
- Forgiveness Amount
- $944,361
- Forgiveness Date
- Apr 28, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Arc 3304 Limited
- Address
- 6448 Eldorado Drive
- City
- Morton Grove
- State
- Illinois
- ZIP Code
- 60053-1406
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Accommodation and Food Services (722513)
- Franchise
- Mcdonalds
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 189
- Estimated Revenue
- $33.6M
- Rural/Urban
- Urban
- Congressional District
- IL-09
Loan Use Breakdown
- Payroll
- $700,950
- Rent
- $233,650
Lender Information
- Servicing Lender
- Lake Forest Bank & Trust Company, National Association
- Originating Lender
- Lake Forest Bank & Trust Company, National Association
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