Arch INC

$804,500 PPP Loan in Meridian, Mississippi

Loan Details

Loan Number
7502337001
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$804,500
Current Approval
$804,500
Forgiveness Amount
$810,010
Forgiveness Date
Dec 22, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Arch INC
Address
5440 C Highway 19 N
ZIP Code
39307-9011
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722513)
Franchise
Mcdonalds
Business Age
Existing or more than 2 years old
Jobs Reported
240
Estimated Revenue
$42.6M
Rural/Urban
Rural
Congressional District
MS-03

Loan Use Breakdown

Payroll
$696,529
Utilities
$99,083
Health Care
$8,888

Lender Information

Servicing Lender
Community Bank of Mississippi
Originating Lender
Community Bank of Mississippi

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