# PPP loan: ACROSTIC ENTERPRISES INC
> **$280K** approved 01/25/2021 · Paid in Full · Loan `5348148306`
## Borrower
- **Name:** ACROSTIC ENTERPRISES INC
- **Address:** 3000 Odonnell St, Baltimore, MD, 21224-4915
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $280K
- **Initial approval:** $280K
- **Forgiven:** $284K (101%)
- **Forgiveness date:** 05/11/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $280K
- **Utilities:** $1
- **Jobs reported:** 66
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*