# PPP loan: ARC FLASH ELECTRIC CORP.
> **$198K** approved 01/23/2021 · Paid in Full · Loan `4309198302`
## Borrower
- **Name:** ARC FLASH ELECTRIC CORP.
- **Address:** 406 Madison Ave Ste 1, Orange Park, FL, 32065-7757
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $198K
- **Initial approval:** $200K
- **Forgiven:** $199K (100%)
- **Forgiveness date:** 07/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $198K
- **Utilities:** $1
- **Jobs reported:** 17
## Lender
- **Originating:** VyStar CU
- **Servicing:** VyStar CU (FL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*