# PPP loan: ARROW ELECTRIC CO. INC.
> **$2.00M** approved 01/20/2021 · Paid in Full · Loan `2374048300`
## Borrower
- **Name:** ARROW ELECTRIC CO. INC.
- **Address:** 4325 Shepherdsville Rd, Louisville, KY, 40218-3349
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $2.04M (102%)
- **Forgiveness date:** 03/31/2023
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.00M
- **Utilities:** $1
- **Jobs reported:** 144
## Lender
- **Originating:** Stock Yards Bank & Trust Company
- **Servicing:** Stock Yards Bank & Trust Company (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*