ARC CONSTRUCTION CO., INC. (MA) - 2020 PPP Loan Borrower Profile (# 1855808201)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ARC CONSTRUCTION CO., INC.. 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 Massachusetts.

Loan Detail

Loan Number

1855808201

SBA Office Code

0101

Processing Method

PPP

Curent Loan Amount

$85,997

Date Loan was Approved

Jul 31, 2020

Amount Forgiven

$86,591.81

Date Loan was Forgiven

Apr 13, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

85,997

Lender

Eastern Bank

Business Detail

Business Type

Corporation

NAICS

236210

Borrower Location

CHELSEA, MA

Project Location

CHELSEA, MA

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.