# PPP loan: AMERICAN COMPOSITES MANUFACTURERS ASSOCIATION
> **$497K** approved 01/27/2021 · Paid in Full · Loan `7101228303`
## Borrower
- **Name:** AMERICAN COMPOSITES MANUFACTURERS ASSOCIATION
- **Address:** 2000 15th St N Ste 250, Arlington, VA, 22201-2699
- **NAICS:** 813910
- **Business type:** 501(c)6 ¿ Non Profit Membership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $497K
- **Initial approval:** $497K
- **Forgiven:** $501K (101%)
- **Forgiveness date:** 11/24/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $497K
- **Utilities:** $1
- **Jobs reported:** 25
## Lender
- **Originating:** New Carlisle Federal Savings Bank
- **Servicing:** New Carlisle Federal Savings Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*