# PPP loan: OPENARC LLC
> **$1.93M** approved 04/11/2020 · Paid in Full · Loan `3065437108`
## Borrower
- **Name:** OPENARC LLC
- **Address:** 109 VIP DR SUITE 200, WEXFORD, PA, 15090-6929
- **NAICS:** 541511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.93M
- **Initial approval:** $1.93M
- **Forgiven:** $1.95M (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Utilities:** $1.93M
- **Jobs reported:** 138
## Lender
- **Originating:** First Commonwealth Bank
- **Servicing:** First Commonwealth Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*