# PPP loan: ARKWRIGHT ADVANCED COATING, INC.
> **$909K** approved 04/27/2020 · Paid in Full · Loan `5478797206`
## Borrower
- **Name:** ARKWRIGHT ADVANCED COATING, INC.
- **Address:** 238 MAIN ST, FISKEVILLE, RI, 02823-1104
- **NAICS:** 322220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $909K
- **Initial approval:** $909K
- **Forgiven:** $916K (101%)
- **Forgiveness date:** 03/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $909K
- **Jobs reported:** 61
## Lender
- **Originating:** New Valley Bank & Trust
- **Servicing:** New Valley Bank & Trust (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*