# PPP loan: ARC ELECTRIC AIR CONDITIONING AND HEATIN
> **$356K** approved 01/23/2021 · Paid in Full · Loan `4944408303`
## Borrower
- **Name:** ARC ELECTRIC AIR CONDITIONING AND HEATIN
- **Address:** 141 Beacon Dr, Wilder, KY, 41076-2501
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $356K
- **Initial approval:** $356K
- **Forgiven:** $359K (101%)
- **Forgiveness date:** 09/22/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $356K
- **Jobs reported:** 26
## Lender
- **Originating:** Central Bank & Trust Co.
- **Servicing:** Central Bank & Trust Co. (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*