# PPP loan: ARCADE BELTS INC.
> **$194K** approved 04/27/2020 · Paid in Full · Loan `5725407203`
## Borrower
- **Name:** ARCADE BELTS INC.
- **Address:** 1600 Squaw Valley Rd, OLYMPIC VALLEY, CA, 96146-9995
- **NAICS:** 315990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $194K
- **Initial approval:** $194K
- **Forgiven:** $195K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $194K
- **Jobs reported:** 12
## Lender
- **Originating:** Citizens National Bank of Texas
- **Servicing:** Citizens National Bank of Texas (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*