# PPP loan: THE ARKANSAS CENTER FOR INDENPENDENCE INC
> **$206K** approved 04/08/2020 · Paid in Full · Loan `7796517001`
## Borrower
- **Name:** THE ARKANSAS CENTER FOR INDENPENDENCE INC
- **Address:** 8149 CURTNER DR PO Box 785, NEWPORT, AR, 72112-8978
- **NAICS:** 813219
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $206K
- **Initial approval:** $206K
- **Forgiven:** $207K (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $154K
- **Rent:** $26K
- **Utilities:** $26K
- **Jobs reported:** 29
## Lender
- **Originating:** Merchants & Planters Bank
- **Servicing:** Merchants & Planters Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*