# PPP loan: AC3, LLC
> **$760K** approved 04/08/2020 · Paid in Full · Loan `7758517000`
## Borrower
- **Name:** AC3, LLC
- **Address:** 100 WAYNE ST Suite 510, SOUTH BEND, IN, 46601-2394
- **NAICS:** 561110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $760K
- **Initial approval:** $760K
- **Forgiven:** $766K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $600K
- **Rent:** $45K
- **Health care:** $115K
- **Jobs reported:** 53
## Lender
- **Originating:** Lake City Bank
- **Servicing:** Lake City Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*