# PPP loan: AARK HOSPITALITY BENSALEM FR INC
> **$245K** approved 02/12/2021 · Paid in Full · Loan `7484028407`
## Borrower
- **Name:** AARK HOSPITALITY BENSALEM FR INC
- **Address:** 2369 Street Rd, Bensalem, PA, 19020-2866
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $245K
- **Initial approval:** $245K
- **Forgiven:** $248K (101%)
- **Forgiveness date:** 04/25/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $245K
- **Utilities:** $1
- **Jobs reported:** 14
## Lender
- **Originating:** Parke Bank
- **Servicing:** Parke Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*