# PPP loan: ACI LOGISTICS INC.
> **$292K** approved 01/25/2021 · Paid in Full · Loan `5287138309`
## Borrower
- **Name:** ACI LOGISTICS INC.
- **Address:** 320 W 9 Mile Rd, Ferndale, MI, 48220-2051
- **NAICS:** 484121
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $292K
- **Initial approval:** $292K
- **Forgiven:** $296K (101%)
- **Forgiveness date:** 06/22/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $292K
- **Utilities:** $1
- **Jobs reported:** 37
## Lender
- **Originating:** Fifth Third Bank
- **Servicing:** Fifth Third Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*