ARC CONTRACTORS LLC (IN) - 2020 PPP Loan Borrower Profile (# 2562148107)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ARC CONTRACTORS LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Indiana.

Loan Detail

Loan Number

2562148107

SBA Office Code

0562

Processing Method

PPP

Curent Loan Amount

$21,400

Date Loan was Approved

Jul 13, 2020

Amount Forgiven

$21,618.1

Date Loan was Forgiven

Jul 22, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

21,400

Lender

First Merchants Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

236220

Borrower Location

Frankfort, IN

Project Location

Frankfort, IN

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.