# PPP loan: ARIZONA RESEARCH CENTER INC
> **$462K** approved 02/03/2021 · Paid in Full · Loan `2454248410`
## Borrower
- **Name:** ARIZONA RESEARCH CENTER INC
- **Address:** 15601 N 28th Ave, Phoenix, AZ, 85053-4061
- **NAICS:** 621111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $462K
- **Initial approval:** $462K
- **Forgiven:** $464K (101%)
- **Forgiveness date:** 09/07/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $462K
- **Utilities:** $1
- **Jobs reported:** 36
## Lender
- **Originating:** Alerus Financial National Association
- **Servicing:** Alerus Financial, National Association (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*