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Openarc LLC

Wexford, PA 15090

The loans, in SBA’s record

$1.9 million
Approved
$1,922,787
The amount of every loan as it now stands, added together.
1
Loan
1 second draw.
$1.9 million
Forgiven
$1,935,536
The forgiveness amounts SBA records, as of September 30, 2024. Forgiveness and the amount approved are on different bases and do not compare.

How this compares

Amount approved: $1,922,787
By the amount SBA approved, ranks 40,173rd of 10,688,106 borrowers nationally, 1,751st of 323,009 in Pennsylvania and 237th of 32,791 in the project’s county, Allegheny, PA. Larger than 99% of the 10,688,106 borrowers in SBA’s published loans, by amount approved. The project’s county is the one SBA printed on the borrower’s first loan, which need not be where the borrower is.

Each loan

5 more columns on a wider screen

Paycheck Protection Program loans to Openarc LLC, as SBA recorded them
Approved onAmountStatus
March 31, 2021$1.9 millionPaid in Full

Forgiveness and the amount approved are on different bases and do not compare. “Operating in” is where SBA records the business as operating, which is not always the mailing address above. Browse every PPP loan by state and lender.

Sources

Data retrieved