# PPP loan: GIBSON COUNTY ARC INC
> **$1.25M** approved 04/10/2020 · Paid in Full · Loan `1460117107`
## Borrower
- **Name:** GIBSON COUNTY ARC INC
- **Address:** 421 S MAIN ST, PRINCETON, IN, 47670-2443
- **NAICS:** 623210
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.25M
- **Initial approval:** $1.25M
- **Forgiven:** $1.26M (101%)
- **Forgiveness date:** 02/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.25M
- **Jobs reported:** 293
## Lender
- **Originating:** German American Bank
- **Servicing:** German American Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*