ARC COOL HOLDING CORP (MA) - 2020 PPP Loan Borrower Profile (# 1971967204)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ARC COOL HOLDING CORP. 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

1971967204

SBA Office Code

0101

Processing Method

PPP

Curent Loan Amount

$3,593,977

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$3,634,840.03

Date Loan was Forgiven

Jun 11, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

3,593,977

Lender

Emigrant Bank

Business Detail

Business Type

Corporation

NAICS

525990

Borrower Location

ANDOVER, MA

Project Location

ANDOVER, MA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

121

Business Age Description

Existing or more than 2 years old

Data Source: SBA.