# PPP loan: ACOUSTICAL CONCEPTS INC
> **$197K** approved 01/19/2021 · Paid in Full · Loan `1667418303`
## Borrower
- **Name:** ACOUSTICAL CONCEPTS INC
- **Address:** 1938 Wood Duck Trl, Shakopee, MN, 55379-9470
- **NAICS:** 238990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $197K
- **Initial approval:** $197K
- **Forgiven:** $198K (101%)
- **Forgiveness date:** 08/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $197K
- **Jobs reported:** 15
## Lender
- **Originating:** Scale Bank
- **Servicing:** Scale Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*