PPP borrower record

SARC, INC. PPP loan record

Public SBA PPP loan record for SARC, INC.. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$1,788,997
Approved amount
$1,804,779
Forgiven amount
2020-04-13
Date approved

Borrower and loan details

Borrower
SARC, INC.
Loan number
4630827105
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
Nipomo
Borrower state
California
Borrower ZIP
93444
Jobs reported
270
Loan status
Exemption 4
Forgiveness date
2021-03-11
Servicing lender
Loan Source Incorporated
Originating lender
Pacific Premier Bank

Reported use of proceeds

Payroll
$1,547,008
Rent
$240,640
Utilities
$212
Mortgage interest
N/A
Health care
$1,137
Debt interest
N/A

Location pages

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Source note

PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.