# PPP loan: ARC ENERGY FABRICATION LLC
> **$542K** approved 04/28/2020 · Paid in Full · Loan `9494597203`
## Borrower
- **Name:** ARC ENERGY FABRICATION LLC
- **Address:** 308 N Fieldspan Rd, Scott, LA, 70507
- **NAICS:** 423830
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $542K
- **Initial approval:** $650K
- **Forgiven:** $547K (101%)
- **Forgiveness date:** 06/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $542K
- **Jobs reported:** 43
## Lender
- **Originating:** Gulf Coast Bank
- **Servicing:** Gulf Coast Bank (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*