# PPP loan: ADVANCE MANUFACTURING CORP.
> **$313K** approved 05/01/2020 · Paid in Full · Loan `1654757708`
## Borrower
- **Name:** ADVANCE MANUFACTURING CORP.
- **Address:** 6800 Madison Avenue, Cleveland, OH, 44102
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $313K
- **Initial approval:** $313K
- **Forgiven:** $316K (101%)
- **Forgiveness date:** 03/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $239K
- **Utilities:** $29K
- **Health care:** $45K
- **Jobs reported:** 16
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*