# PPP loan: ARCSOURCE CONSULTING INC
> **$177K** approved 04/04/2020 · Paid in Full · Loan `5054317002`
## Borrower
- **Name:** ARCSOURCE CONSULTING INC
- **Address:** 2550 9th Street Suite 102, BERKELEY, CA, 94710-2259
- **NAICS:** 541512
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $177K
- **Initial approval:** $177K
- **Forgiven:** $179K (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $167K
- **Rent:** $9K
- **Utilities:** $1K
- **Jobs reported:** 17
## Lender
- **Originating:** Five Star Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*