Arc Industries, Inc.
$188,300 PPP Loan in Schaumburg, Illinois
Loan Details
- Loan Number
- 5913597004
- Date Approved
- Apr 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $188,300
- Current Approval
- $188,300
- Forgiveness Amount
- $189,540
- Forgiveness Date
- Dec 8, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Arc Industries, Inc.
- Address
- 2020 Hammond Dr
- City
- Schaumburg
- State
- Illinois
- ZIP Code
- 60173-3810
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (333511)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 14
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- IL-08
Loan Use Breakdown
- Payroll
- $150,640
- Rent
- $18,830
- Utilities
- $9,415
- Debt Interest
- $9,415
Lender Information
- Servicing Lender
- Cornerstone National Bank & Trust Company
- Originating Lender
- Cornerstone National Bank & Trust Company
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