# PPP loan: ADVANCED CONTRACTOR INC.
> **$152K** approved 05/08/2020 · Paid in Full · Loan `3818697405`
## Borrower
- **Name:** ADVANCED CONTRACTOR INC.
- **Address:** 11 calle 2 Oeste Rio Plantation, Bayamon, PR, 00961
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $152K
- **Initial approval:** $152K
- **Forgiven:** $153K (101%)
- **Forgiveness date:** 03/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $114K
- **Utilities:** $38K
- **Jobs reported:** 32
## Lender
- **Originating:** Banco Popular de Puerto Rico
- **Servicing:** Banco Popular de Puerto Rico (PR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*