# PPP loan: SWEET OWEN INDUSTRIES ARC INC
> **$462K** approved 03/13/2021 · Paid in Full · Loan `1268498602`
## Borrower
- **Name:** SWEET OWEN INDUSTRIES ARC INC
- **Address:** 36 Concord Rd, Spencer, IN, 47460-7511
- **NAICS:** 623210
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $462K
- **Initial approval:** $462K
- **Forgiven:** $464K (100%)
- **Forgiveness date:** 09/07/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $462K
- **Utilities:** $1
- **Jobs reported:** 95
## Lender
- **Originating:** Owen County State Bank
- **Servicing:** Owen County State Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*