# PPP loan: ARC-V, INC.
> **$706K** approved 04/08/2020 · Paid in Full · Loan `8030277002`
## Borrower
- **Name:** ARC-V, INC.
- **Address:** 2933 LONG BEACH BLVD, LONG BEACH, CA, 90806-1517
- **NAICS:** 541512
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $706K
- **Initial approval:** $744K
- **Forgiven:** $712K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $706K
- **Jobs reported:** 50
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*