# PPP loan: ARC INNOVATIONS
> **$258K** approved 03/27/2021 · Paid in Full · Loan `1473208704`
## Borrower
- **Name:** ARC INNOVATIONS
- **Address:** 143 W Market St, Indianapolis, IN, 46204-2828
- **NAICS:** 721110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $258K
- **Initial approval:** $258K
- **Forgiven:** $260K (101%)
- **Forgiveness date:** 02/10/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $258K
- **Jobs reported:** 32
## Lender
- **Originating:** The National Bank of Indianapolis
- **Servicing:** The National Bank of Indianapolis (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*