# PPP loan: AMERICAN COLLECTIONS ENTERPRISE, INC.
> **$200K** approved 04/30/2020 · Paid in Full · Loan `6107587306`
## Borrower
- **Name:** AMERICAN COLLECTIONS ENTERPRISE, INC.
- **Address:** 205 S WHITING STREET, Suite 500, ALEXANDRIA, VA, 22304
- **NAICS:** 561440
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $200K
- **Initial approval:** $200K
- **Forgiven:** $203K (102%)
- **Forgiveness date:** 11/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $200K
- **Jobs reported:** 19
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*