# PPP loan: AMERICAN COMMERCIAL INDUSTRIAL ELECTRIC LLC
> **$784K** approved 04/09/2020 · Paid in Full · Loan `9570307004`
## Borrower
- **Name:** AMERICAN COMMERCIAL INDUSTRIAL ELECTRIC LLC
- **Address:** 1100 Foster Avenue, NASHVILLE, TN, 37210-4406
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $784K
- **Initial approval:** $784K
- **Forgiven:** $789K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $784K
- **Jobs reported:** 56
## Lender
- **Originating:** Peoples Bank & Trust Company
- **Servicing:** Peoples Bank & Trust Company (TN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*