# PPP loan: THE ARC OF ALACHUA COUNTY, INC.
> **$1.51M** approved 04/07/2020 · Paid in Full · Loan `7563897009`
## Borrower
- **Name:** THE ARC OF ALACHUA COUNTY, INC.
- **Address:** 3303 NW 83RD ST, GAINESVILLE, FL, 32606-6227
- **NAICS:** 624310
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.51M
- **Initial approval:** $1.51M
- **Forgiven:** $1.53M (101%)
- **Forgiveness date:** 04/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.51M
- **Jobs reported:** 215
## Lender
- **Originating:** Renasant Bank
- **Servicing:** Renasant Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*