# PPP loan: ADVANCED BOILER CONTROL SERVICES INC
> **$299K** approved 04/11/2020 · Paid in Full · Loan `3053537106`
## Borrower
- **Name:** ADVANCED BOILER CONTROL SERVICES INC
- **Address:** 7515 CLINE AVE, CROWN POINT, IN, 46307
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $299K
- **Initial approval:** $299K
- **Forgiven:** $301K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $295K
- **Health care:** $3K
- **Jobs reported:** 17
## Lender
- **Originating:** Providence Bank & Trust
- **Servicing:** Providence Bank & Trust (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*