# PPP loan: DELAWARE ADVANCEMENT CORPORATION
> **$319K** approved 04/10/2020 · Paid in Full · Loan `2385997106`
## Borrower
- **Name:** DELAWARE ADVANCEMENT CORPORATION
- **Address:** 401 S HIGH ST, MUNCIE, IN, 47305-2300
- **NAICS:** 711310
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $319K
- **Initial approval:** $319K
- **Forgiven:** $322K (101%)
- **Forgiveness date:** 02/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $30K
- **Utilities:** $36K
- **Health care:** $253K
- **Jobs reported:** 49
## Lender
- **Originating:** Northwest Bank
- **Servicing:** Northwest Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*