# PPP loan: CHARLESTON ACOUSTICS INC
> **$274K** approved 04/27/2020 · Paid in Full · Loan `5505987200`
## Borrower
- **Name:** CHARLESTON ACOUSTICS INC
- **Address:** 900 MACCORKLE AVE, SOUTH CHARLESTON, WV, 25303-1330
- **NAICS:** 423310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $274K
- **Initial approval:** $274K
- **Forgiven:** $277K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $221K
- **Mortgage interest:** $39K
- **Utilities:** $14K
- **Jobs reported:** 33
## Lender
- **Originating:** Burke and Herbert Bank and Trust Company
- **Servicing:** Burke & Herbert Bank & Trust Company (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*