# PPP loan: SARC INC.
> **$231K** approved 01/23/2021 · Exemption 4 · Loan `4462108304`
## Borrower
- **Name:** SARC INC.
- **Address:** 7 Fanaras Dr, Salisbury, MA, 01952-1444
- **NAICS:** 541715
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $231K
- **Initial approval:** $231K
- **Status:** Exemption 4
- **Term:** 52 months
## Use of funds
- **Payroll:** $231K
- **Jobs reported:** 14
## Lender
- **Originating:** North Shore Bank, a Co-operative Bank
- **Servicing:** North Shore Bank, a Co-operative Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*