# PPP loan: ARROW ELECTRIC SERVICES INC
> **$238K** approved 05/18/2020 · Paid in Full · Loan `8143547410`
## Borrower
- **Name:** ARROW ELECTRIC SERVICES INC
- **Address:** 3081 ROUTE 73 S, MAPLE SHADE, NJ, 08052-1065
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $238K
- **Initial approval:** $238K
- **Forgiven:** $104K (44%)
- **Forgiveness date:** 08/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $238K
- **Jobs reported:** 4
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*