# PPP loan: ARBORGEN INC
> **$1.95M** approved 02/27/2021 · Paid in Full · Loan `5127228509`
## Borrower
- **Name:** ARBORGEN INC
- **Address:** 2011 Broadbank Ct, Ridgeville, SC, 29472-8344
- **NAICS:** 115310
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.95M
- **Initial approval:** $1.95M
- **Forgiven:** $1.96M (101%)
- **Forgiveness date:** 10/08/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.95M
- **Utilities:** $1
- **Jobs reported:** 119
## Lender
- **Originating:** Synovus Bank
- **Servicing:** Synovus Bank (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*