# PPP loan: ARKA PROPERTIES GROUP INC
> **$338K** approved 05/01/2020 · Charged Off · Loan `4286047706`
## Borrower
- **Name:** ARKA PROPERTIES GROUP INC
- **Address:** 9350 WILSHIRE BLVD. SUITE #402, BEVERLY HILLS, CA, 90212
- **NAICS:** 237210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $338K
- **Initial approval:** $338K
- **Forgiven:** $183K (54%)
- **Forgiveness date:** 10/07/2022
- **Status:** Charged Off
- **Term:** 10 months
## Use of funds
- **Payroll:** $338K
- **Jobs reported:** 7
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*