# PPP loan: ARNDT CONSTRUCTION INC.
> **$177K** approved 04/13/2020 · Paid in Full · Loan `4830537106`
## Borrower
- **Name:** ARNDT CONSTRUCTION INC.
- **Address:** 415 FLORA VISTA DR, SANTA BARBARA, CA, 93109-1101
- **NAICS:** 238990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $177K
- **Initial approval:** $177K
- **Forgiven:** $179K (101%)
- **Forgiveness date:** 06/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $161K
- **Rent:** $5K
- **Utilities:** $750
- **Health care:** $10K
- **Jobs reported:** 13
## Lender
- **Originating:** Montecito Bank & Trust
- **Servicing:** Montecito Bank & Trust (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*