# PPP loan: ARNCO SIGN COMPANY INC
> **$183K** approved 04/05/2020 · Paid in Full · Loan `5375617010`
## Borrower
- **Name:** ARNCO SIGN COMPANY INC
- **Address:** 1133 South Broad St, WALLINGFORD, CT, 06492-1713
- **NAICS:** 339950
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $183K
- **Initial approval:** $183K
- **Forgiven:** $185K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $162K
- **Rent:** $10K
- **Utilities:** $2K
- **Health care:** $9K
- **Jobs reported:** 16
## Lender
- **Originating:** Stearns Bank National Association
- **Servicing:** Stearns Bank National Association (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*