# PPP loan: AR&E INC.
> **$154K** approved 04/28/2020 · Paid in Full · Loan `9607327200`
## Borrower
- **Name:** AR&E INC.
- **Address:** 9409 w. PICO BLVD, LOS ANGELES, CA, 90035-1209
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $154K
- **Initial approval:** $154K
- **Forgiven:** $155K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $125K
- **Rent:** $22K
- **Utilities:** $7K
- **Jobs reported:** 19
## Lender
- **Originating:** First General Bank
- **Servicing:** First General Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*