Arc Group, Inc.

$795,799 PPP Loan in Minneapolis, Minnesota

Loan Details

Loan Number
8568687205
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$795,799
Current Approval
$795,799
Forgiveness Amount
$806,631
Forgiveness Date
Sep 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Arc Group, Inc.
Address
222 9th St Ste 1000
ZIP Code
55402-3360
Business Type
Corporation
Industry (NAICS)
Administrative and Support and Waste Management (561311)
Business Age
Existing or more than 2 years old
Jobs Reported
134
Estimated Revenue
$21.1M
Rural/Urban
Urban
Congressional District
MN-05

Loan Use Breakdown

Payroll
$792,692
Rent
$2,707
Utilities
$400

Lender Information

Servicing Lender
Scale Bank
Originating Lender
Scale Bank

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