# PPP loan: ADVANCED INTERNET MARKETING INC.
> **$1.85M** approved 04/03/2020 · Paid in Full · Loan `4344587006`
## Borrower
- **Name:** ADVANCED INTERNET MARKETING INC.
- **Address:** 2696 Reliance Dr Suite 100, VIRGINIA BEACH, VA, 23452-7822
- **NAICS:** 561422
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.85M
- **Initial approval:** $1.65M
- **Forgiven:** $1.88M (101%)
- **Forgiveness date:** 08/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.77M
- **Rent:** $52K
- **Utilities:** $31K
- **Jobs reported:** 126
## Lender
- **Originating:** The Old Point National Bank of Phoebus
- **Servicing:** The Old Point National Bank of Phoebus (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*