# PPP loan: THE ARC OF OWENSBORO
> **$168K** approved 04/14/2020 · Paid in Full · Loan `6062237105`
## Borrower
- **Name:** THE ARC OF OWENSBORO
- **Address:** 1833 PO BOX 1833 3560 NEW HARTFORD RD, OWENSBORO, KY, 42302-1833
- **NAICS:** 813219
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $168K
- **Initial approval:** $168K
- **Forgiven:** $169K (101%)
- **Forgiveness date:** 01/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $168K
- **Jobs reported:** 27
## Lender
- **Originating:** Independence Bank of Kentucky
- **Servicing:** Independence Bank of Kentucky (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*