# PPP loan: ARC CAPITAL PARTNERS LLC
> **$174K** approved 04/13/2020 · Paid in Full · Loan `5553537101`
## Borrower
- **Name:** ARC CAPITAL PARTNERS LLC
- **Address:** 700 S FLOWER ST STE 580, LOS ANGELES, CA, 90017-2858
- **NAICS:** 523920
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $174K
- **Initial approval:** $174K
- **Forgiven:** $175K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $158K
- **Rent:** $16K
- **Jobs reported:** 8
## Lender
- **Originating:** OneWest Bank, A Division of First-Citizens Bank and Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*