# PPP loan: AMERICAN CLOTHING EXPRESS INC
> **$574K** approved 02/10/2021 · Paid in Full · Loan `6390108401`
## Borrower
- **Name:** AMERICAN CLOTHING EXPRESS INC
- **Address:** 3190 New Brunswick Rd, Bartlett, TN, 38133-4193
- **NAICS:** 424990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $574K
- **Initial approval:** $574K
- **Forgiven:** $577K (101%)
- **Forgiveness date:** 09/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $574K
- **Utilities:** $1
- **Jobs reported:** 58
## Lender
- **Originating:** Simmons Bank
- **Servicing:** Simmons Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*