# PPP loan: ADVANCED COMMUNICATION TECHNOLOGIES, INC.
> **$175K** approved 04/13/2020 · Paid in Full · Loan `4797257102`
## Borrower
- **Name:** ADVANCED COMMUNICATION TECHNOLOGIES, INC.
- **Address:** 77 ACCORD PARK DR. UNIT B10, NORWELL, MA, 02061-1614
- **NAICS:** 423690
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $175K
- **Initial approval:** $175K
- **Forgiven:** $176K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $131K
- **Rent:** $30K
- **Utilities:** $14K
- **Jobs reported:** 12
## Lender
- **Originating:** Abington Bank, A Division of North Shore Bank, a Co-operative Bank
- **Servicing:** North Shore Bank, a Co-operative Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*