# PPP loan: ADVANCED ENERGY CONCEPTS OF WORCESTER INC
> **$175K** approved 04/05/2020 · Paid in Full · Loan `5219627000`
## Borrower
- **Name:** ADVANCED ENERGY CONCEPTS OF WORCESTER INC
- **Address:** 151 SOUTHBRIDGE ST, AUBURN, MA, 01501-2503
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $175K
- **Initial approval:** $175K
- **Forgiven:** $177K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $175K
- **Jobs reported:** 18
## Lender
- **Originating:** Savers Co-Operative Bank
- **Servicing:** Savers Co-Operative Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*