# PPP loan: THE ARC OF WALKER COUNTY
> **$772K** approved 04/27/2020 · Paid in Full · Loan `3585637200`
## Borrower
- **Name:** THE ARC OF WALKER COUNTY
- **Address:** 745 Russell Dairy Road, JASPER, AL, 35503-3551
- **NAICS:** 623210
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $772K
- **Initial approval:** $772K
- **Forgiven:** $776K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $767K
- **Utilities:** $2K
- **Debt interest:** $3K
- **Jobs reported:** 128
## Lender
- **Originating:** Pinnacle Bank
- **Servicing:** Pinnacle Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*