# PPP loan: ARROYO INSTRUMENTS LLC
> **$160K** approved 04/12/2020 · Paid in Full · Loan `3859367102`
## Borrower
- **Name:** ARROYO INSTRUMENTS LLC
- **Address:** 1201 PROSPECT ST, SAN LUIS OBISPO, CA, 93401-8753
- **NAICS:** 335999
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $160K
- **Initial approval:** $160K
- **Forgiven:** $162K (101%)
- **Forgiveness date:** 05/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $128K
- **Rent:** $16K
- **Mortgage interest:** $1K
- **Utilities:** $14K
- **Jobs reported:** 9
## Lender
- **Originating:** Pacific Premier Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*