# PPP loan: ARC PROPERTY GROUP INC.
> **$204K** approved 01/27/2021 · Paid in Full · Loan `6622308304`
## Borrower
- **Name:** ARC PROPERTY GROUP INC.
- **Address:** 3833 Princeton Lakes Ct SW, Atlanta, GA, 30331-5508
- **NAICS:** 721110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $204K
- **Initial approval:** $204K
- **Forgiven:** $207K (101%)
- **Forgiveness date:** 04/27/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $204K
- **Utilities:** $1
- **Jobs reported:** 38
## Lender
- **Originating:** Wallis Bank
- **Servicing:** Wallis Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*