# PPP loan: ACTON CORPORATION
> **$249K** approved 04/13/2020 · Paid in Full · Loan `5616347101`
## Borrower
- **Name:** ACTON CORPORATION
- **Address:** 104 FOOTHILLS PKWY, CHELSEA, AL, 35043-8179
- **NAICS:** 621999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $249K
- **Initial approval:** $249K
- **Forgiven:** $253K (101%)
- **Forgiveness date:** 08/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $205K
- **Utilities:** $36K
- **Health care:** $8K
- **Jobs reported:** 32
## Lender
- **Originating:** Community Bank of Mississippi
- **Servicing:** Community Bank of Mississippi (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*