# PPP loan: ARCH RESTAURANTS, INC.
> **$558K** approved 04/29/2020 · Paid in Full · Loan `2443237307`
## Borrower
- **Name:** ARCH RESTAURANTS, INC.
- **Address:** 12511 VITTORIA WAY, FORT MYERS, FL, 33912-0610
- **NAICS:** 722513
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $558K
- **Initial approval:** $558K
- **Forgiven:** $565K (101%)
- **Forgiveness date:** 08/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $558K
- **Jobs reported:** 262
## Lender
- **Originating:** Synovus Bank
- **Servicing:** Synovus Bank (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*