# PPP loan: ARORA ENGINEERS, INC
> **$4.14M** approved 04/14/2020 · Paid in Full · Loan `7219187107`
## Borrower
- **Name:** ARORA ENGINEERS, INC
- **Address:** 61 Wilmington West Chester Pike, Chadds Ford, PA, 19317
- **NAICS:** 541330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.14M
- **Initial approval:** $4.14M
- **Forgiven:** $4.20M (101%)
- **Forgiveness date:** 08/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.50M
- **Rent:** $225K
- **Utilities:** $10K
- **Health care:** $280K
- **Debt interest:** $124K
- **Jobs reported:** 230
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*