# PPP loan: ACME GEAR COMPANY, INC.
> **$175K** approved 04/15/2020 · Paid in Full · Loan `9126847104`
## Borrower
- **Name:** ACME GEAR COMPANY, INC.
- **Address:** 23402 REYNOLDS CT, CLINTON TOWNSHIP, MI, 48036
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $175K
- **Initial approval:** $175K
- **Forgiven:** $177K (101%)
- **Forgiveness date:** 04/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $175K
- **Jobs reported:** 13
## Lender
- **Originating:** Fifth Third Bank
- **Servicing:** Fifth Third Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*