# PPP loan: ADVANCED ELECTRONIC SERVICES INC
> **$877K** approved 02/25/2021 · Paid in Full · Loan `4412478508`
## Borrower
- **Name:** ADVANCED ELECTRONIC SERVICES INC
- **Address:** 101 Technology Ln, Mount Airy, NC, 27030-6683
- **NAICS:** 811219
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $877K
- **Initial approval:** $877K
- **Forgiven:** $886K (101%)
- **Forgiveness date:** 02/17/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $877K
- **Utilities:** $1
- **Jobs reported:** 99
## Lender
- **Originating:** First Community Bank
- **Servicing:** First Community Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*