# PPP loan: ARROW FENCE CO. INC.
> **$252K** approved 04/13/2020 · Exemption 4 · Loan `5506317102`
## Borrower
- **Name:** ARROW FENCE CO. INC.
- **Address:** 360 SOUTH ST, MARLBOROUGH, MA, 01752-5134
- **NAICS:** 238990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $252K
- **Initial approval:** $252K
- **Forgiven:** $226K (90%)
- **Forgiveness date:** 02/12/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $252K
- **Jobs reported:** 19
## Lender
- **Originating:** Avidia Bank
- **Servicing:** Avidia Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*