# PPP loan: ARBOR ENTERPRISES, INC.
> **$188K** approved 04/27/2020 · Paid in Full · Loan `5500627209`
## Borrower
- **Name:** ARBOR ENTERPRISES, INC.
- **Address:** 309 Arborgate, Pittsboro, NC, 27312
- **NAICS:** 561730
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $188K
- **Initial approval:** $188K
- **Forgiven:** $190K (101%)
- **Forgiveness date:** 01/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $188K
- **Jobs reported:** 20
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*