# PPP loan: ARCTIC SILVER INC.
> **$196K** approved 04/16/2020 · Paid in Full · Loan `2481047201`
## Borrower
- **Name:** ARCTIC SILVER INC.
- **Address:** 9826 W LEGACY AVE, VISALIA, CA, 93291-9544
- **NAICS:** 324191
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $196K
- **Initial approval:** $212K
- **Forgiven:** $198K (101%)
- **Forgiveness date:** 08/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $196K
- **Jobs reported:** 12
## Lender
- **Originating:** Citizens Business Bank
- **Servicing:** Citizens Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*