Arc Service's Inc.

$327,500 PPP Loan in Roseville, Minnesota

Loan Details

Loan Number
7278927202
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$327,500
Current Approval
$327,500
Forgiveness Amount
$329,824
Forgiveness Date
Jan 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Arc Service's Inc.
Address
2230 Termminal Rd
ZIP Code
55113
Business Type
Corporation
Industry (NAICS)
Construction (238290)
Business Age
Existing or more than 2 years old
Jobs Reported
22
Estimated Revenue
$7.0M
Rural/Urban
Urban
Congressional District
MN-04

Loan Use Breakdown

Payroll
$284,500
Rent
$18,000
Utilities
$5,000
Health Care
$20,000

Lender Information

Servicing Lender
First Resource Bank
Originating Lender
First Resource Bank

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