ARC COMMUNITY SERVICES, INC. (WI) - 2020 PPP Loan Borrower Profile (# 6937297301)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ARC COMMUNITY SERVICES, 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 Wisconsin.
Loan Detail
Loan Number
6937297301
SBA Office Code
0563
Processing Method
PPP
Curent Loan Amount
$691,975
Date Loan was Approved
Apr 30, 2020
Amount Forgiven
$697,324.74
Date Loan was Forgiven
Feb 10, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
6,500
Payroll Proced
608,475
Mortgage Interest Proceed
0
Rent Proceed
45,000
Refinance EIDL Proceed
0
Health Care Proceed
32,000
Debt Interest Proceed
0
Lender
JPMorgan Chase Bank, National Association
Business Detail
Business Type
Non-Profit Organization
NAICS
623220
Borrower Location
MADISON, WI
Project Location
MADISON, WI
Rural/Urban
Urban
Hubzone
Yes
Labor Market Information (LMI)
Yes
Jobs Reported
96
Business Age Description
Existing or more than 2 years old
Data Source: SBA.