Arc 5233 Limited

$938,889 PPP Loan in Niles, Illinois

Loan Details

Loan Number
5846388507
Date Approved
Mar 2, 2021
Loan Status
Paid in Full
Initial Approval
$938,889
Current Approval
$938,889
Forgiveness Amount
$948,252
Forgiveness Date
Mar 3, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Arc 5233 Limited
Address
8735 W Stolting Rd
City
Niles
ZIP Code
60714-1818
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
138
Estimated Revenue
$24.5M
Rural/Urban
Urban
Congressional District
IL-09

Loan Use Breakdown

Payroll
$938,889

Lender Information

Servicing Lender
Lake Forest Bank & Trust Company, National Association
Originating Lender
Lake Forest Bank & Trust Company, National Association

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