# PPP loan: ADVANCED SHIPPING TECHNOLOGIES INC
> **$252K** approved 04/16/2020 · Paid in Full · Loan `2512667203`
## Borrower
- **Name:** ADVANCED SHIPPING TECHNOLOGIES INC
- **Address:** 540 PO BOX 526 W Ogle St, EBENSBURG, PA, 15931-0540
- **NAICS:** 488510
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $252K
- **Initial approval:** $252K
- **Forgiven:** $254K (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $252K
- **Jobs reported:** 17
## Lender
- **Originating:** First Commonwealth Bank
- **Servicing:** First Commonwealth Bank (PA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*