# PPP loan: ACELUTION INC
> **$159K** approved 04/03/2020 · Paid in Full · Loan `4432577003`
## Borrower
- **Name:** ACELUTION INC
- **Address:** 632 HAMPTON HWY, YORKTOWN, VA, 23693-4100
- **NAICS:** 236118
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $159K
- **Initial approval:** $159K
- **Forgiven:** $160K (101%)
- **Forgiveness date:** 11/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $159K
- **Jobs reported:** 17
## Lender
- **Originating:** Newport News Shipbuilding Empl CU Inc d/b/a BayPort CU
- **Servicing:** Newport News Shipbuilding Empl CU Inc d/b/a BayPort CU (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*