# PPP loan: ADVANCED REINFORCING COMPANY INC.
> **$192K** approved 04/14/2021 · Paid in Full · Loan `3090418808`
## Borrower
- **Name:** ADVANCED REINFORCING COMPANY INC.
- **Address:** 1501 San Elijo Road South 104- 403, San Marcos, CA, 92078
- **NAICS:** 238120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $192K
- **Initial approval:** $192K
- **Forgiven:** $196K (102%)
- **Forgiveness date:** 02/14/2023
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $192K
- **Jobs reported:** 15
## Lender
- **Originating:** Banner Bank
- **Servicing:** Banner Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*