# PPP loan: ARTS AND CRAFTS CORPORATION
> **$398K** approved 04/14/2020 · Paid in Full · Loan `6819137102`
## Borrower
- **Name:** ARTS AND CRAFTS CORPORATION
- **Address:** 990 Spring Garden St Suite 100, PHILADELPHIA, PA, 19123
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $398K
- **Initial approval:** $398K
- **Forgiven:** $401K (101%)
- **Forgiveness date:** 02/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $339K
- **Rent:** $43K
- **Utilities:** $6K
- **Debt interest:** $10K
- **Jobs reported:** 24
## Lender
- **Originating:** Meridian Bank
- **Servicing:** Meridian Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*