# PPP loan: AMERICAN CONSOLIDATED INDUSTRIES INC
> **$1.58M** approved 03/28/2021 · Paid in Full · Loan `2261378701`
## Borrower
- **Name:** AMERICAN CONSOLIDATED INDUSTRIES INC
- **Address:** 4650 Johnston Pkwy, Cleveland, OH, 44128-3219
- **NAICS:** 423510
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.58M
- **Initial approval:** $1.58M
- **Forgiven:** $1.60M (101%)
- **Forgiveness date:** 03/30/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.58M
- **Utilities:** $1
- **Jobs reported:** 129
## Lender
- **Originating:** Itria Ventures LLC
- **Servicing:** Itria Ventures LLC (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*