# PPP loan: ARSALCO INC DBA IHOP 495
> **$246K** approved 04/10/2021 · Paid in Full · Loan `1503668802`
## Borrower
- **Name:** ARSALCO INC DBA IHOP 495
- **Address:** 813 Saint Andrews Rd, Columbia, SC, 29210-5813
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $246K
- **Initial approval:** $246K
- **Forgiven:** $248K (101%)
- **Forgiveness date:** 10/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $246K
- **Utilities:** $1
- **Jobs reported:** 34
## Lender
- **Originating:** Optus Bank
- **Servicing:** Optus Bank (SC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*