# PPP loan: ACRES BONUSING, INC
> **$154K** approved 06/29/2020 · Paid in Full · Loan `5859388005`
## Borrower
- **Name:** ACRES BONUSING, INC
- **Address:** 1106 2ND ST, ENCINITAS, CA, 92024-5096
- **NAICS:** 423430
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $154K
- **Initial approval:** $154K
- **Forgiven:** $155K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $21K
- **Jobs reported:** 1
## Lender
- **Originating:** U.S. Bank, National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*