# PPP loan: ARBTIME INC.
> **$219K** approved 02/02/2021 · Paid in Full · Loan `1709708404`
## Borrower
- **Name:** ARBTIME INC.
- **Address:** 158 Lincoln Blvd, Kenmore, NY, 14217-2312
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $219K
- **Initial approval:** $219K
- **Forgiven:** $220K (101%)
- **Forgiveness date:** 09/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $219K
- **Utilities:** $1
- **Jobs reported:** 25
## Lender
- **Originating:** Evans Bank, National Association
- **Servicing:** Evans Bank, National Association (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*