# PPP loan: F P E C CORPORATION
> **$1.50M** approved 04/08/2020 · Paid in Full · Loan `7846907010`
## Borrower
- **Name:** F P E C CORPORATION
- **Address:** 2216 FORD AVE, SPRINGDALE, AR, 72764-4722
- **NAICS:** 333241
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.50M
- **Initial approval:** $1.50M
- **Forgiven:** $1.52M (101%)
- **Forgiveness date:** 08/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.50M
- **Jobs reported:** 71
## Lender
- **Originating:** Arvest Bank
- **Servicing:** Arvest Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*