# PPP loan: THE ARC OF THE FARMINGTON VALLEY, INC
> **$1.69M** approved 04/06/2020 · Paid in Full · Loan `5977737008`
## Borrower
- **Name:** THE ARC OF THE FARMINGTON VALLEY, INC
- **Address:** 225 COMMERCE DR, CANTON, CT, 06019-2478
- **NAICS:** 623210
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.69M
- **Initial approval:** $1.60M
- **Forgiven:** $1.70M (101%)
- **Forgiveness date:** 03/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.69M
- **Jobs reported:** 294
## Lender
- **Originating:** Collinsville Bank, A Division of
- **Servicing:** Northwest Community Bank (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*