# PPP loan: ADVANCED INDUSTRIAL DISTRIBUTION INC.
> **$217K** approved 02/18/2021 · Paid in Full · Loan `1398968501`
## Borrower
- **Name:** ADVANCED INDUSTRIAL DISTRIBUTION INC.
- **Address:** 112 Meadow Hill Cir, Mooresville, NC, 28117-8089
- **NAICS:** 332710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $217K
- **Initial approval:** $217K
- **Forgiven:** $218K (100%)
- **Forgiveness date:** 06/28/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $217K
- **Jobs reported:** 21
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*