# PPP loan: ADVANCED FINANCIAL GROUP, INC
> **$248K** approved 04/10/2020 · Paid in Full · Loan `1256967107`
## Borrower
- **Name:** ADVANCED FINANCIAL GROUP, INC
- **Address:** 1925 CORAL LN, TRAVERSE CITY, MI, 49686-7102
- **NAICS:** 531120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $248K
- **Initial approval:** $248K
- **Forgiven:** $250K (101%)
- **Forgiveness date:** 02/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $215K
- **Rent:** $30K
- **Utilities:** $3K
- **Jobs reported:** 14
## Lender
- **Originating:** Honor Bank
- **Servicing:** Honor Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*