# PPP loan: ADVANCE MANUFACTURING COMPANY INC
> **$269K** approved 02/05/2021 · Paid in Full · Loan `3989258403`
## Borrower
- **Name:** ADVANCE MANUFACTURING COMPANY INC
- **Address:** 3890 Homewood Rd, Memphis, TN, 38118-6152
- **NAICS:** 321992
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $269K
- **Initial approval:** $269K
- **Forgiven:** $272K (101%)
- **Forgiveness date:** 06/15/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $269K
- **Utilities:** $1
- **Jobs reported:** 21
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*