# PPP loan: A & C DEVELOPMENT INC.
> **$165K** approved 04/30/2020 · Paid in Full · Loan `6640357305`
## Borrower
- **Name:** A & C DEVELOPMENT INC.
- **Address:** 2662 Holcomb Bridge Road, Suite 328, ALPHARETTA, GA, 30022
- **NAICS:** 531390
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $165K
- **Initial approval:** $165K
- **Forgiven:** $166K (101%)
- **Forgiveness date:** 02/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $132K
- **Rent:** $11K
- **Utilities:** $11K
- **Health care:** $11K
- **Jobs reported:** 9
## Lender
- **Originating:** HomeTrust Bank
- **Servicing:** HomeTrust Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*