# PPP loan: AIC ADMINISTRATIVE SERVICE, LLC
> **$501K** approved 05/21/2020 · Paid in Full · Loan `1640587802`
## Borrower
- **Name:** AIC ADMINISTRATIVE SERVICE, LLC
- **Address:** 4410 W Newberry Road Suite A3, GAINESVILLE, FL, 32607
- **NAICS:** 541214
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $501K
- **Initial approval:** $501K
- **Forgiven:** $505K (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $400K
- **Utilities:** $100K
- **Jobs reported:** 42
## Lender
- **Originating:** Ameris Bank
- **Servicing:** Ameris Bank (GA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*