# PPP loan: ARROW DRILLING COMPANY INC
> **$411K** approved 04/13/2020 · Paid in Full · Loan `4340537103`
## Borrower
- **Name:** ARROW DRILLING COMPANY INC
- **Address:** 301 N TEXAS BLVD, BENAVIDES, TX, 78341-1006
- **NAICS:** 213111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $411K
- **Initial approval:** $411K
- **Forgiven:** $417K (101%)
- **Forgiveness date:** 08/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $411K
- **Jobs reported:** 35
## Lender
- **Originating:** First Community Bank
- **Servicing:** First Community Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*