Arc Elcectrical Service INC

$53,200 PPP Loan in Browerville, Minnesota

Loan Details

Loan Number
8432127006
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$53,200
Current Approval
$53,200
Forgiveness Amount
$53,736
Forgiveness Date
Apr 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Arc Elcectrical Service INC
Address
23647 County 14
ZIP Code
56438-5093
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$45,157
Rent
$3,000
Utilities
$5,043

Lender Information

Servicing Lender
Magnifi Financial Cu
Originating Lender
Magnifi Financial Cu

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