# PPP loan: ARTIC INDUSTRIES, LLC
> **$770K** approved 04/09/2020 · Paid in Full · Loan `1021777104`
## Borrower
- **Name:** ARTIC INDUSTRIES, LLC
- **Address:** 9731 NW 114TH WAY, MEDLEY, FL, 33178-1178
- **NAICS:** 493120
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $770K
- **Initial approval:** $770K
- **Forgiven:** $778K (101%)
- **Forgiveness date:** 05/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $388K
- **Rent:** $128K
- **Utilities:** $24K
- **Health care:** $229K
- **Jobs reported:** 112
## Lender
- **Originating:** Independent Bank d/b/a Independent Financial
- **Servicing:** Independent Bank d/b/a Independent Financial (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*