# PPP loan: ACP DISTRIBUTION INC.
> **$237K** approved 02/08/2021 · Paid in Full · Loan `5420198403`
## Borrower
- **Name:** ACP DISTRIBUTION INC.
- **Address:** 27 01 BROOKLYN QUEENS EXPY W, WOODSIDE, NY, 11377
- **NAICS:** 423730
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $237K
- **Initial approval:** $237K
- **Forgiven:** $240K (101%)
- **Forgiveness date:** 04/20/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $237K
- **Utilities:** $1
- **Jobs reported:** 13
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*