Arc Design Resources, Inc.
$285,000 PPP Loan in Loves Park, Illinois
Loan Details
- Loan Number
- 6392577007
- Date Approved
- Apr 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $285,000
- Current Approval
- $285,000
- Forgiveness Amount
- $286,607
- Forgiveness Date
- Nov 3, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Arc Design Resources, Inc.
- Address
- 5291 Zenith Pkwy
- City
- Loves Park
- State
- Illinois
- ZIP Code
- 61111-2727
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Professional, Scientific, and Technical Services (541330)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 21
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- IL-16
Loan Use Breakdown
- Payroll
- $275,000
- Rent
- $8,000
- Utilities
- $2,000
Lender Information
- Servicing Lender
- First Mid Bank & Trust, National Association
- Originating Lender
- First Mid Bank and Trust National Association
Other PPP Loans in Loves Park, IL
| Business | Approved | |
|---|---|---|
| Milestone | $4,467,436 |  AI Deep Dive |
| Rock Oak Services Group LLC | $2,843,700 | AI Deep Dive |
| Rockford Anesthesiologist Associated, LLC | $2,533,500 | AI Deep Dive |
| Onsite Woodwork Corporation | $2,079,500 | AI Deep Dive |
| Cimco Resources, Inc. | $1,925,517 | AI Deep Dive |
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