# PPP loan: ARC OF FAYETTE/LAMAR/MARENGO CO
> **$729K** approved 04/30/2020 · Paid in Full · Loan `6822937303`
## Borrower
- **Name:** ARC OF FAYETTE/LAMAR/MARENGO CO
- **Address:** 1428 Temple Ave South, Fayette, AL, 35555
- **NAICS:** 621399
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $729K
- **Initial approval:** $729K
- **Forgiven:** $737K (101%)
- **Forgiveness date:** 06/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $729K
- **Jobs reported:** 213
## Lender
- **Originating:** Regions Bank
- **Servicing:** Regions Bank (AL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*