# PPP loan: A-C ELECTRIC INC.
> **$428K** approved 04/09/2020 · Paid in Full · Loan `9877557003`
## Borrower
- **Name:** A-C ELECTRIC INC.
- **Address:** 729 South Kilby Ct. (330 West), SALT LAKE CITY, UT, 84101
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $428K
- **Initial approval:** $428K
- **Forgiven:** $428K (100%)
- **Forgiveness date:** 02/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $428K
- **Jobs reported:** 30
## Lender
- **Originating:** Mountain America FCU
- **Servicing:** Mountain America FCU (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*