# PPP loan: ARTI, INCORPORATED
> **$153K** approved 04/06/2020 · Paid in Full · Loan `5619177006`
## Borrower
- **Name:** ARTI, INCORPORATED
- **Address:** 50 W. Queens Way Suite 101, HAMPTON, VA, 23669-4279
- **NAICS:** 541990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $153K
- **Initial approval:** $153K
- **Forgiven:** $155K (101%)
- **Forgiveness date:** 03/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $150K
- **Rent:** $2K
- **Utilities:** $1K
- **Jobs reported:** 16
## Lender
- **Originating:** The Old Point National Bank of Phoebus
- **Servicing:** The Old Point National Bank of Phoebus (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*