# PPP loan: ARCO GROUP INC, THE
> **$202K** approved 05/01/2020 · Paid in Full · Loan `6279907705`
## Borrower
- **Name:** ARCO GROUP INC, THE
- **Address:** 3728 PHILIPS HWY STE 46, JACKSONVILLE, FL, 32207-6840
- **NAICS:** 423430
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $202K
- **Initial approval:** $202K
- **Forgiven:** $203K (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $202K
- **Jobs reported:** 14
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*