# PPP loan: ARC SERVICE'S INC.
> **$328K** approved 04/28/2020 · Paid in Full · Loan `7278927202`
## Borrower
- **Name:** ARC SERVICE'S INC.
- **Address:** 2230 Termminal Rd, Roseville, MN, 55113
- **NAICS:** 238290
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $328K
- **Initial approval:** $328K
- **Forgiven:** $330K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $285K
- **Rent:** $18K
- **Utilities:** $5K
- **Health care:** $20K
- **Jobs reported:** 22
## Lender
- **Originating:** First Resource Bank
- **Servicing:** First Resource Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*