# PPP loan: 31 ARKANSAS AVE  LLC
> **$498K** approved 03/12/2021 · Paid in Full · Loan `9472598503`
## Borrower
- **Name:** 31 ARKANSAS AVE  LLC
- **Address:** 25 S New York Ave, Atlantic City, NJ, 08401-8008
- **NAICS:** 722513
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $498K
- **Initial approval:** $498K
- **Forgiven:** $502K (101%)
- **Forgiveness date:** 12/07/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $498K
- **Jobs reported:** 83
## Lender
- **Originating:** Valley National Bank
- **Servicing:** Valley National Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*