# PPP loan: ACER DATA LABS INC
> **$301K** approved 04/08/2021 · Charged Off · Loan `9305448703`
## Borrower
- **Name:** ACER DATA LABS INC
- **Address:** 43155 Main St 43155 Main St, Novi, MI, 48375-1777
- **NAICS:** 541519
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $301K
- **Initial approval:** $301K
- **Forgiven:** $279K (93%)
- **Forgiveness date:** 06/13/2022
- **Status:** Charged Off
- **Term:** 31 months
## Use of funds
- **Payroll:** $301K
- **Utilities:** $1
- **Jobs reported:** 7
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*