AC3, LLC (IN) - 2020 PPP Loan Borrower Profile (# 7758517000)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AC3, LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Indiana.

Loan Detail

Loan Number

7758517000

SBA Office Code

0562

Processing Method

PPP

Curent Loan Amount

$760,400

Date Loan was Approved

Apr 8, 2020

Amount Forgiven

$766,314.22

Date Loan was Forgiven

Jan 25, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

600,000

Rent Proceed

45,400

Health Care Proceed

115,000

Lender

Lake City Bank

Business Detail

Business Type

Corporation

NAICS

561110

Borrower Location

SOUTH BEND, IN

Project Location

SOUTH BEND, IN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.