# PPP loan: ADVANCED COMPOSITES INC
> **$954K** approved 04/13/2020 · Paid in Full · Loan `4194267106`
## Borrower
- **Name:** ADVANCED COMPOSITES INC
- **Address:** 2575 SOUTH 3270 WEST, WEST VALLEY CITY, UT, 84119-1142
- **NAICS:** 326122
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $954K
- **Initial approval:** $954K
- **Forgiven:** $959K (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $954K
- **Jobs reported:** 83
## Lender
- **Originating:** Zions Bank, A Division of
- **Servicing:** Zions Bank, A Division of (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*