# PPP loan: ARKANSAS K 12 LLC
> **$194K** approved 04/10/2020 · Paid in Full · Loan `2380717104`
## Borrower
- **Name:** ARKANSAS K 12 LLC
- **Address:** 1050 WHITE DR, BATESVILLE, AR, 72501-2001
- **NAICS:** 541512
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $194K
- **Initial approval:** $194K
- **Forgiven:** $195K (101%)
- **Forgiveness date:** 03/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $145K
- **Rent:** $24K
- **Utilities:** $24K
- **Jobs reported:** 15
## Lender
- **Originating:** Merchants & Planters Bank
- **Servicing:** Merchants & Planters Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*