# PPP loan: ACTION DUCT CLEANING CO., INC.
> **$280K** approved 04/14/2020 · Exemption 4 · Loan `7637277102`
## Borrower
- **Name:** ACTION DUCT CLEANING CO., INC.
- **Address:** 2333 LINCOLN AVE, ALTADENA, CA, 91001-5474
- **NAICS:** 561790
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $280K
- **Initial approval:** $280K
- **Forgiven:** $155K (55%)
- **Forgiveness date:** 01/24/2023
- **Status:** Exemption 4
- **Term:** 21 months
## Use of funds
- **Payroll:** $280K
- **Jobs reported:** 13
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*