# PPP loan: AMERICAN COLLEGE OF BUILDING ARTS
> **$245K** approved 04/09/2020 · Paid in Full · Loan `9283317004`
## Borrower
- **Name:** AMERICAN COLLEGE OF BUILDING ARTS
- **Address:** 649 MEETING ST, CHARLESTON, SC, 29403-4223
- **NAICS:** 611310
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $245K
- **Initial approval:** $245K
- **Forgiven:** $247K (101%)
- **Forgiveness date:** 05/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $212K
- **Rent:** $33K
- **Jobs reported:** 31
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*