# PPP loan: PLACER ARC
> **$384K** approved 04/27/2020 · Paid in Full · Loan `6286097208`
## Borrower
- **Name:** PLACER ARC
- **Address:** 522 VERNON ST, ROSEVILLE, CA, 95678-2639
- **NAICS:** 813219
- **Business type:** Non-Profit Organization
- **Business age:** Unanswered
## Loan
- **Approval amount:** $384K
- **Initial approval:** $384K
- **Forgiven:** $389K (101%)
- **Forgiveness date:** 08/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $384K
- **Jobs reported:** 70
## Lender
- **Originating:** Exchange Bank
- **Servicing:** Exchange Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*