# PPP loan: AMERICAN CONVENTIONS EXHIBITOR SERVICE LLC
> **$582K** approved 03/17/2021 · Exemption 4 · Loan `3420448603`
## Borrower
- **Name:** AMERICAN CONVENTIONS EXHIBITOR SERVICE LLC
- **Address:** 209 West Ave, Ocean City, NJ, 08226-4174
- **NAICS:** 541990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $582K
- **Initial approval:** $582K
- **Forgiven:** $532K (91%)
- **Forgiveness date:** 07/22/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $582K
- **Utilities:** $1
- **Jobs reported:** 161
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*