# PPP loan: ARC ENGINEERING, INC.
> **$617K** approved 04/28/2020 · Paid in Full · Loan `1952607304`
## Borrower
- **Name:** ARC ENGINEERING, INC.
- **Address:** 277 S Lake St, BURBANK, CA, 91502-2111
- **NAICS:** 541330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $617K
- **Initial approval:** $617K
- **Forgiven:** $622K (101%)
- **Forgiveness date:** 03/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $617K
- **Jobs reported:** 39
## Lender
- **Originating:** Citizens Business Bank
- **Servicing:** Citizens Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*