# PPP loan: ARC PROPERTY INVESTMENTS LLC
> **$228K** approved 04/28/2020 · Paid in Full · Loan `1562567310`
## Borrower
- **Name:** ARC PROPERTY INVESTMENTS LLC
- **Address:** 3500 Coffee Rd, MODESTO, CA, 95355
- **NAICS:** 531120
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Change of Ownership
## Loan
- **Approval amount:** $228K
- **Initial approval:** $228K
- **Forgiven:** $231K (101%)
- **Forgiveness date:** 05/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $228K
- **Jobs reported:** 49
## Lender
- **Originating:** MidFirst Bank
- **Servicing:** MidFirst Bank (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*