# PPP loan: ARNOLD ELECTRIC COMPANY INC.
> **$1.74M** approved 04/09/2020 · Paid in Full · Loan `9574617000`
## Borrower
- **Name:** ARNOLD ELECTRIC COMPANY INC.
- **Address:** 3716 HAROLD STREET, NORTH LITTLE ROCK, AR, 72118-4751
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.74M
- **Initial approval:** $1.74M
- **Forgiven:** $1.76M (101%)
- **Forgiveness date:** 01/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.74M
- **Jobs reported:** 174
## Lender
- **Originating:** Centennial Bank
- **Servicing:** Centennial Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*