# PPP loan: ADVANCED CONTRACTORS INC
> **$490K** approved 01/23/2021 · Paid in Full · Loan `4390438309`
## Borrower
- **Name:** ADVANCED CONTRACTORS INC
- **Address:** 935 W 223rd St, Torrance, CA, 90502-2246
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $490K
- **Initial approval:** $490K
- **Forgiven:** $493K (101%)
- **Forgiveness date:** 09/01/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $490K
- **Utilities:** $1
- **Jobs reported:** 34
## Lender
- **Originating:** Kinecta FCU
- **Servicing:** Kinecta FCU (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*