# PPP loan: ADVANCED SYSTEMS AND CONTROLS, INC.
> **$632K** approved 04/15/2020 · Paid in Full · Loan `1894697201`
## Borrower
- **Name:** ADVANCED SYSTEMS AND CONTROLS, INC.
- **Address:** 15773 LEONE DR, MACOMB, MI, 48042
- **NAICS:** 333249
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $632K
- **Initial approval:** $632K
- **Forgiven:** $638K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $500K
- **Rent:** $26K
- **Utilities:** $20K
- **Health care:** $50K
- **Debt interest:** $36K
- **Jobs reported:** 33
## 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*