# PPP loan: ARLINGTON PROPERTIES INC
> **$3.59M** approved 04/07/2020 · Paid in Full · Loan `7437837001`
## Borrower
- **Name:** ARLINGTON PROPERTIES INC
- **Address:** 2200 MAGNOLIA AVE SUITE 101, BIRMINGHAM, AL, 35205
- **NAICS:** 531110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.59M
- **Initial approval:** $3.59M
- **Forgiven:** $2.80M (78%)
- **Forgiveness date:** 07/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.59M
- **Jobs reported:** 343
## Lender
- **Originating:** IberiaBank, A Division of First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*