# PPP loan: ARBED A&M, LLC.
> **$245K** approved 04/14/2020 · Exemption 4 · Loan `7378137100`
## Borrower
- **Name:** ARBED A&M, LLC.
- **Address:** 1025 UNIVERSITY DRIVE SUITE 101, COLLEGE STATION, TX, 77840
- **NAICS:** 722511
- **Business type:** Limited Liability Partnership
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $245K
- **Initial approval:** $245K
- **Forgiven:** $201K (82%)
- **Forgiveness date:** 08/26/2021
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $245K
- **Jobs reported:** 28
## Lender
- **Originating:** Cadence Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*