# PPP loan: ACLC INC
> **$1.13M** approved 01/21/2021 · Paid in Full · Loan `2986308307`
## Borrower
- **Name:** ACLC INC
- **Address:** 234 Bloomfield Ave, Caldwell, NJ, 07006-5101
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.13M
- **Initial approval:** $1.13M
- **Forgiven:** $1.15M (101%)
- **Forgiveness date:** 01/19/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.13M
- **Utilities:** $1
- **Jobs reported:** 95
## Lender
- **Originating:** Provident Bank
- **Servicing:** Provident Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*