# PPP loan: LARC ASSET MANAGEMENT AND REALTY INC
> **$741K** approved 04/27/2020 · Paid in Full · Loan `6028267208`
## Borrower
- **Name:** LARC ASSET MANAGEMENT AND REALTY INC
- **Address:** 695 US HIGHWAY 46, FAIRFIELD, NJ, 07004-1561
- **NAICS:** 531120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $741K
- **Initial approval:** $741K
- **Forgiven:** $616K (83%)
- **Forgiveness date:** 12/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $741K
- **Jobs reported:** 36
## Lender
- **Originating:** Provident Bank
- **Servicing:** Provident Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*