# PPP loan: AMERICAN CONFERENCE INSTITUTE INC
> **$599K** approved 04/28/2020 · Paid in Full · Loan `1425867310`
## Borrower
- **Name:** AMERICAN CONFERENCE INSTITUTE INC
- **Address:** 45 W 25TH ST FL 11, NEW YORK, NY, 10010-2034
- **NAICS:** 561110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $599K
- **Initial approval:** $599K
- **Forgiven:** $604K (101%)
- **Forgiveness date:** 02/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $599K
- **Jobs reported:** 37
## Lender
- **Originating:** HSBC Bank USA, National Association
- **Servicing:** HSBC Bank USA, National Association (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*