# PPP loan: ADVANCED PLASTICS, INC.
> **$197K** approved 04/03/2020 · Paid in Full · Loan `4556397010`
## Borrower
- **Name:** ADVANCED PLASTICS, INC.
- **Address:** 11212 E. 112TH ST N, OWASSO, OK, 74055-4216
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $197K
- **Initial approval:** $197K
- **Forgiven:** $198K (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $148K
- **Rent:** $49K
- **Jobs reported:** 19
## Lender
- **Originating:** First Bank of Owasso
- **Servicing:** First Bank of Owasso (OK)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*