# PPP loan: 1200 ARCH, LP
> **$326K** approved 04/06/2020 · Paid in Full · Loan `6329447000`
## Borrower
- **Name:** 1200 ARCH, LP
- **Address:** 4200 CITY AVE, PHILADELPHIA, PA, 19131-1611
- **NAICS:** 721110
- **Business type:** Limited Liability Partnership
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $326K
- **Initial approval:** $326K
- **Forgiven:** $241K (74%)
- **Forgiveness date:** 09/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $244K
- **Utilities:** $81K
- **Jobs reported:** 54
## Lender
- **Originating:** City National Bank of Florida
- **Servicing:** City National Bank of Florida (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*