# PPP loan: ADVANCE MACHINERY INC.
> **$336K** approved 04/03/2020 · Paid in Full · Loan `4478407004`
## Borrower
- **Name:** ADVANCE MACHINERY INC.
- **Address:** 112 HILLTOP BUSINESS DR, PELHAM, AL, 35124-1310
- **NAICS:** 332313
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $336K
- **Initial approval:** $336K
- **Forgiven:** $339K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $336K
- **Jobs reported:** 23
## Lender
- **Originating:** Millennial Bank
- **Servicing:** Millennial Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*