# PPP loan: ARROW ELECTRIC SERVICE INC.
> **$216K** approved 04/09/2020 · Paid in Full · Loan `1042647110`
## Borrower
- **Name:** ARROW ELECTRIC SERVICE INC.
- **Address:** 2903 NATIONAL DR, GARLAND, TX, 75041-2328
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $216K
- **Initial approval:** $216K
- **Forgiven:** $219K (101%)
- **Forgiveness date:** 07/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $173K
- **Mortgage interest:** $43K
- **Jobs reported:** 19
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*