Arc Electric Company of Indian Trail

$287,358 PPP Loan in Monroe, North Carolina

Loan Details

Loan Number
7729137103
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$287,358
Current Approval
$287,358
Forgiveness Amount
$291,077
Forgiveness Date
Aug 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Arc Electric Company of Indian Trail
Address
5615 Cannon Dr
City
Monroe
ZIP Code
28110
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
28
Estimated Revenue
$9.2M
Rural/Urban
Urban
Congressional District
NC-08

Loan Use Breakdown

Payroll
$287,358

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

Other PPP Loans in Monroe, NC

BusinessApproved
True Homes, LLC$5,511,700NewBizBotAI Deep Dive
State Utility Contractors, Inc.$2,454,520NewBizBotAI Deep Dive
Carlson Environmental Consultants, PC$2,055,300NewBizBotAI Deep Dive
Goulston Technologies, Inc.$2,009,000NewBizBotAI Deep Dive
Darnel INC$1,511,588NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free