# PPP loan: AMERICOLLECT INC
> **$2.47M** approved 04/06/2020 · Paid in Full · Loan `6082417010`
## Borrower
- **Name:** AMERICOLLECT INC
- **Address:** 1851 ALVERNO RD, MANITOWOC, WI, 54220-9208
- **NAICS:** 561440
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.47M
- **Initial approval:** $2.47M
- **Forgiven:** $2.50M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.47M
- **Jobs reported:** 270
## Lender
- **Originating:** Associated Bank, National Association
- **Servicing:** Associated Bank, National Association (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*