# PPP loan: ACOUSTICS PLUS INC.
> **$267K** approved 01/23/2021 · Paid in Full · Loan `4807498301`
## Borrower
- **Name:** ACOUSTICS PLUS INC.
- **Address:** 7305 E Edgewood Ave, Indianapolis, IN, 46239-9557
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $267K
- **Initial approval:** $267K
- **Forgiven:** $270K (101%)
- **Forgiveness date:** 01/25/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $267K
- **Jobs reported:** 20
## Lender
- **Originating:** Lake City Bank
- **Servicing:** Lake City Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*