# PPP loan: ADVANTAGE MACHINING, INC.
> **$531K** approved 01/16/2021 · Paid in Full · Loan `1055018300`
## Borrower
- **Name:** ADVANTAGE MACHINING, INC.
- **Address:** 601 W New York St, Aurora, IL, 60506-3859
- **NAICS:** 333249
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $531K
- **Initial approval:** $531K
- **Forgiven:** $536K (101%)
- **Forgiveness date:** 11/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $531K
- **Utilities:** $1
- **Jobs reported:** 27
## Lender
- **Originating:** Illini State Bank
- **Servicing:** Illini State Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*