# PPP loan: ARROW CIRCLE ELECTRIC, INC.
> **$365K** approved 04/15/2020 · Paid in Full · Loan `2073157200`
## Borrower
- **Name:** ARROW CIRCLE ELECTRIC, INC.
- **Address:** 7801 BLUE RIDGE BLVD, RAYTOWN, MO, 64138-1306
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $365K
- **Initial approval:** $365K
- **Forgiven:** $368K (101%)
- **Forgiveness date:** 01/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $292K
- **Rent:** $36K
- **Utilities:** $36K
- **Jobs reported:** 35
## Lender
- **Originating:** The Central Trust Bank
- **Servicing:** The Central Trust Bank (MO)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*