# PPP loan: ARBITECH LLC
> **$1.30M** approved 04/06/2020 · Paid in Full · Loan `6031937002`
## Borrower
- **Name:** ARBITECH LLC
- **Address:** 64 FAIRBANKS, IRVINE, CA, 92618-1602
- **NAICS:** 541512
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.30M
- **Initial approval:** $1.30M
- **Forgiven:** $1.31M (101%)
- **Forgiveness date:** 06/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.30M
- **Jobs reported:** 70
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*