# PPP loan: ARCO CONSTRUCTION, INC
> **$624K** approved 04/27/2020 · Paid in Full · Loan `4337487209`
## Borrower
- **Name:** ARCO CONSTRUCTION, INC
- **Address:** TBD, ENGLEWOOD, NJ, 07631
- **NAICS:** 238160
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $624K
- **Initial approval:** $624K
- **Forgiven:** $629K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $624K
- **Jobs reported:** 35
## Lender
- **Originating:** NVE Bank
- **Servicing:** NVE Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*