# PPP loan: THE ARC OF SOUTHINGTON INC
> **$833K** approved 04/11/2020 · Paid in Full · Loan `2942327108`
## Borrower
- **Name:** THE ARC OF SOUTHINGTON INC
- **Address:** 201 MAIN ST, PLANTSVILLE, CT, 06479-1131
- **NAICS:** 611710
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $833K
- **Initial approval:** $833K
- **Forgiven:** $841K (101%)
- **Forgiveness date:** 03/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $833K
- **Jobs reported:** 157
## Lender
- **Originating:** Webster Bank National Association
- **Servicing:** Webster Bank National Association (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*