# PPP loan: ST LOUIS ARC INC
> **$3.50M** approved 04/09/2020 · Paid in Full · Loan `1057297104`
## Borrower
- **Name:** ST LOUIS ARC INC
- **Address:** 1177 N WARSON, SAINT LOUIS, MO, 63132
- **NAICS:** 624120
- **Business type:** Non-Profit Organization
- **Business age:** Unanswered
## Loan
- **Approval amount:** $3.50M
- **Initial approval:** $3.50M
- **Forgiven:** $3.54M (101%)
- **Forgiveness date:** 05/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.62M
- **Rent:** $875K
- **Jobs reported:** 486
## Lender
- **Originating:** Carrollton Bank
- **Servicing:** Carrollton Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*