# PPP loan: ADVANCED ENGINEERING, INC.
> **$238K** approved 06/23/2020 · Paid in Full · Loan `2012028003`
## Borrower
- **Name:** ADVANCED ENGINEERING, INC.
- **Address:** 5561 PENNELL RD, MEDIA, PA, 19063-6505
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $238K
- **Initial approval:** $238K
- **Forgiven:** $240K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $238K
- **Jobs reported:** 11
## Lender
- **Originating:** S & T Bank
- **Servicing:** S & T Bank (PA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*