# PPP loan: A C G DIRECT INC.
> **$180K** approved 05/01/2020 · Paid in Full · Loan `2646597702`
## Borrower
- **Name:** A C G DIRECT INC.
- **Address:** 34559 COMMERCE, FRASER, MI, 48026
- **NAICS:** 423830
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $180K
- **Initial approval:** $180K
- **Forgiven:** $182K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $72K
- **Rent:** $5K
- **Mortgage interest:** $600
- **Utilities:** $4K
- **Health care:** $7K
- **Debt interest:** $3K
- **Jobs reported:** 7
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*