# PPP loan: TRI ARCH 16 INC
> **$156K** approved 04/11/2020 · Paid in Full · Loan `2912457100`
## Borrower
- **Name:** TRI ARCH 16 INC
- **Address:** 3115 CENTER RD, BRUNSWICK, OH, 44212-3848
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $156K
- **Initial approval:** $156K
- **Forgiven:** $158K (101%)
- **Forgiveness date:** 06/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $116K
- **Rent:** $22K
- **Utilities:** $14K
- **Health care:** $5K
- **Jobs reported:** 35
## Lender
- **Originating:** Civista Bank
- **Servicing:** Civista Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*