# PPP loan: ARC DRILLING LLC
> **$640K** approved 04/10/2020 · Paid in Full · Loan `2079477105`
## Borrower
- **Name:** ARC DRILLING LLC
- **Address:** 9551 Corporate Circle, CLEVELAND, OH, 44125-4261
- **NAICS:** 332710
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $640K
- **Initial approval:** $640K
- **Forgiven:** $643K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $640K
- **Jobs reported:** 47
## Lender
- **Originating:** Byline Bank
- **Servicing:** Byline Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*