# PPP loan: BAKERSFIELD ARC, INC.
> **$1.74M** approved 04/27/2020 · Paid in Full · Loan `4623337200`
## Borrower
- **Name:** BAKERSFIELD ARC, INC.
- **Address:** 2240 S. Union Ave., Bakersfield, CA, 93307
- **NAICS:** 624310
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.74M
- **Initial approval:** $1.74M
- **Forgiven:** $1.75M (100%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.74M
- **Jobs reported:** 450
## Lender
- **Originating:** Tri Counties Bank
- **Servicing:** Tri Counties Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*