# PPP loan: AMERICAN CINEMA EQUIPMENT INC.
> **$194K** approved 01/29/2021 · Paid in Full · Loan `8563148302`
## Borrower
- **Name:** AMERICAN CINEMA EQUIPMENT INC.
- **Address:** 1927 N Argyle St, Portland, OR, 97217-6752
- **NAICS:** 423410
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $194K
- **Initial approval:** $194K
- **Forgiven:** $195K (100%)
- **Forgiveness date:** 08/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $194K
- **Utilities:** $1
- **Jobs reported:** 7
## Lender
- **Originating:** U.S. Bank, National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*