# PPP loan: R + L ARCADE INC
> **$1.81M** approved 06/25/2020 · Exemption 4 · Loan `4379658010`
## Borrower
- **Name:** R + L ARCADE INC
- **Address:** 911 MARTIN LUTHER KING JR, OXFORD, NC, 27565
- **NAICS:** 812112
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $1.81M
- **Initial approval:** $1.81M
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.81M
- **Jobs reported:** 101
## Lender
- **Originating:** Cross River Bank
- **Servicing:** Cross River Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*