# PPP loan: ADVANTAGE BOOK BINDING, INC
> **$296K** approved 04/15/2020 · Paid in Full · Loan `1045367202`
## Borrower
- **Name:** ADVANTAGE BOOK BINDING, INC
- **Address:** 2 Nashua Court, Essex, MD, 21221
- **NAICS:** 323117
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $296K
- **Initial approval:** $296K
- **Forgiven:** $299K (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $237K
- **Rent:** $38K
- **Mortgage interest:** $4K
- **Utilities:** $8K
- **Health care:** $9K
- **Debt interest:** $227
- **Jobs reported:** 26
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*