# PPP loan: ARCHWAY, INC.
> **$645K** approved 04/09/2020 · Paid in Full · Loan `9962617002`
## Borrower
- **Name:** ARCHWAY, INC.
- **Address:** 147 SERENU AVE, TAMUNING, GU, 96913-3408
- **NAICS:** 424410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $645K
- **Initial approval:** $645K
- **Forgiven:** $650K (101%)
- **Forgiveness date:** 02/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $484K
- **Rent:** $97K
- **Utilities:** $65K
- **Jobs reported:** 107
## Lender
- **Originating:** Bank of Guam
- **Servicing:** Bank of Guam (GU)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*