# PPP loan: A-C ELECTRIC CO INC
> **$325K** approved 02/04/2021 · Paid in Full · Loan `3154808404`
## Borrower
- **Name:** A-C ELECTRIC CO INC
- **Address:** 6125 Highway 162, Hollywood, SC, 29449-5768
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $325K
- **Initial approval:** $325K
- **Forgiven:** $329K (101%)
- **Forgiveness date:** 05/26/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $325K
- **Utilities:** $1
- **Jobs reported:** 56
## Lender
- **Originating:** Synovus Bank
- **Servicing:** Synovus Bank (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*