# PPP loan: ARLINGTON ELECTRIC INC.
> **$380K** approved 04/29/2020 · Paid in Full · Loan `2701617307`
## Borrower
- **Name:** ARLINGTON ELECTRIC INC.
- **Address:** 3251 SE DIXIE HWY, STUART, FL, 34997-5238
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $380K
- **Initial approval:** $380K
- **Forgiven:** $383K (101%)
- **Forgiveness date:** 03/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $380K
- **Jobs reported:** 35
## Lender
- **Originating:** Seacoast National Bank
- **Servicing:** Seacoast National Bank (FL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*