# PPP loan: ARAB AMERICAN INSTITUTE FOUNDATION
> **$152K** approved 04/06/2021 · Paid in Full · Loan `7407248704`
## Borrower
- **Name:** ARAB AMERICAN INSTITUTE FOUNDATION
- **Address:** 1600 K St NW Ste 601, Washington, DC, 20006-2834
- **NAICS:** 813311
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $152K
- **Initial approval:** $152K
- **Forgiven:** $153K (101%)
- **Forgiveness date:** 03/10/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $152K
- **Utilities:** $1
- **Jobs reported:** 10
## Lender
- **Originating:** Customers Bank
- **Servicing:** Customers Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*