Pro-Arc Electrical Construction, Co.

$1,113,633 PPP Loan in Arlington Heights, Illinois

Loan Details

Loan Number
5874117105
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$1,113,633
Current Approval
$500,000
Forgiveness Amount
$504,014
Forgiveness Date
Feb 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Pro-Arc Electrical Construction, Co.
Address
1229 E Algonquin Rd
ZIP Code
60005
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
25
Estimated Revenue
$8.2M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$500,000

Lender Information

Servicing Lender
Fifth Third Bank
Originating Lender
Fifth Third Bank

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