# PPP loan: ARROW AUTO SUPPLY CO., INC.
> **$156K** approved 04/12/2020 · Paid in Full · Loan `3954997101`
## Borrower
- **Name:** ARROW AUTO SUPPLY CO., INC.
- **Address:** 411 FIRST STREET NORTH, VIRGINIA, MN, 55792-2517
- **NAICS:** 441310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $156K
- **Initial approval:** $156K
- **Forgiven:** $157K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $117K
- **Mortgage interest:** $23K
- **Utilities:** $16K
- **Jobs reported:** 9
## Lender
- **Originating:** Frandsen Bank & Trust
- **Servicing:** Frandsen Bank & Trust (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*