# PPP loan: AMERICAN CONSOLIDATION AND LOGISTICS INC
> **$925K** approved 04/13/2020 · Paid in Full · Loan `4722257108`
## Borrower
- **Name:** AMERICAN CONSOLIDATION AND LOGISTICS INC
- **Address:** 12707 NW 42 AVE, OPA LOCKA, FL, 33054-5117
- **NAICS:** 423990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $925K
- **Initial approval:** $925K
- **Forgiven:** $935K (101%)
- **Forgiveness date:** 05/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $925K
- **Jobs reported:** 73
## Lender
- **Originating:** IberiaBank, A Division of First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*