# PPP loan: ACU SPEC, INC.
> **$323K** approved 04/16/2020 · Paid in Full · Loan `2409457201`
## Borrower
- **Name:** ACU SPEC, INC.
- **Address:** 990 Richard Ave Suite 103, SANTA CLARA, CA, 95050
- **NAICS:** 332721
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $323K
- **Initial approval:** $323K
- **Forgiven:** $327K (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $242K
- **Rent:** $40K
- **Utilities:** $40K
- **Jobs reported:** 20
## Lender
- **Originating:** Santa Cruz County Bank
- **Servicing:** Santa Cruz County Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*