# PPP loan: FRIEND ACOUSTICAL CEILING INC
> **$547K** approved 06/30/2020 · Paid in Full · Loan `6522668005`
## Borrower
- **Name:** FRIEND ACOUSTICAL CEILING INC
- **Address:** 525 ORCHARD LN, EUREKA, MO, 63025-1113
- **NAICS:** 238390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $547K
- **Initial approval:** $547K
- **Forgiven:** $549K (100%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $537K
- **Rent:** $5K
- **Mortgage interest:** $2K
- **Utilities:** $3K
- **Jobs reported:** 28
## Lender
- **Originating:** Farmers and Merchants Bank of St. Clair
- **Servicing:** Farmers and Merchants Bank of St. Clair (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*