# PPP loan: ART-VAC CORP
> **$231K** approved 04/03/2020 · Paid in Full · Loan `4396307005`
## Borrower
- **Name:** ART-VAC CORP
- **Address:** 17 New England Way, LINCOLN, RI, 02865-4252
- **NAICS:** 339910
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $231K
- **Initial approval:** $231K
- **Forgiven:** $232K (101%)
- **Forgiveness date:** 12/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $173K
- **Rent:** $42K
- **Utilities:** $16K
- **Jobs reported:** 20
## Lender
- **Originating:** Navigant CU
- **Servicing:** Navigant CU (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*