# PPP loan: THE ARC LOS ANGELES AND ORANGE COUNTIES
> **$344K** approved 04/29/2020 · Paid in Full · Loan `3114667300`
## Borrower
- **Name:** THE ARC LOS ANGELES AND ORANGE COUNTIES
- **Address:** 12049 WOODRUFF AVE, DOWNEY, CA, 90241-5603
- **NAICS:** 813319
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $344K
- **Initial approval:** $344K
- **Forgiven:** $347K (101%)
- **Forgiveness date:** 05/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $344K
- **Jobs reported:** 54
## Lender
- **Originating:** Farmers & Merchants Bank of Long Beach
- **Servicing:** Farmers & Merchants Bank of Long Beach (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*