# PPP loan: ADVANCED POWER TECHNOLGIES, LLC
> **$281K** approved 04/27/2020 · Paid in Full · Loan `3688297208`
## Borrower
- **Name:** ADVANCED POWER TECHNOLGIES, LLC
- **Address:** 215 State Route 10,, Randolph, NJ, 07869
- **NAICS:** 334515
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $281K
- **Initial approval:** $281K
- **Forgiven:** $284K (101%)
- **Forgiveness date:** 05/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $281K
- **Jobs reported:** 19
## Lender
- **Originating:** Peapack-Gladstone Bank
- **Servicing:** Loan Source Incorporated (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*