# PPP loan: THE ARC OCEAN COUNTY CHAPTER INC
> **$4.08M** approved 04/15/2020 · Paid in Full · Loan `2047407210`
## Borrower
- **Name:** THE ARC OCEAN COUNTY CHAPTER INC
- **Address:** 815 CEDARBRIDGE AVENUE, LAKEWOOD, NJ, 08701
- **NAICS:** 813212
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.08M
- **Initial approval:** $4.08M
- **Forgiven:** $4.13M (101%)
- **Forgiveness date:** 06/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.08M
- **Jobs reported:** 488
## Lender
- **Originating:** OceanFirst Bank, National Association
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*