# PPP loan: ARCO ENVIRONMENTS, INC
> **$336K** approved 04/07/2020 · Paid in Full · Loan `7150627000`
## Borrower
- **Name:** ARCO ENVIRONMENTS, INC
- **Address:** 11230 JOHN ZODROW RD, GENTRY, AR, 72734-9066
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $336K
- **Initial approval:** $336K
- **Forgiven:** $330K (98%)
- **Forgiveness date:** 09/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $326K
- **Rent:** $6K
- **Utilities:** $4K
- **Jobs reported:** 26
## Lender
- **Originating:** The First National Bank of Fort Smith
- **Servicing:** The First National Bank of Fort Smith (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*