# PPP loan: ARC REAL ESTATE GROUP LLC
> **$400K** approved 05/21/2021 · Exemption 4 · Loan `5089699003`
## Borrower
- **Name:** ARC REAL ESTATE GROUP LLC
- **Address:** 655 3rd Ave Fl 28, New York, NY, 10017-5681
- **NAICS:** 531390
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $400K
- **Initial approval:** $400K
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $400K
- **Utilities:** $1
- **Jobs reported:** 21
## Lender
- **Originating:** HSBC Bank USA, National Association
- **Servicing:** HSBC Bank USA, National Association (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*