# PPP loan: F. M. ACOUSTICAL TILE, INC.
> **$261K** approved 04/06/2020 · Paid in Full · Loan `6162657001`
## Borrower
- **Name:** F. M. ACOUSTICAL TILE, INC.
- **Address:** 27128 S Parklane Drive, SIOUX FALLS, SD, 57106-8000
- **NAICS:** 236210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $261K
- **Initial approval:** $261K
- **Forgiven:** $263K (101%)
- **Forgiveness date:** 12/02/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $261K
- **Jobs reported:** 24
## Lender
- **Originating:** Cornerstone Bank
- **Servicing:** Cornerstone Bank (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*