# PPP loan: ADVANCE DISTRIBUTION INC.
> **$351K** approved 04/13/2020 · Paid in Full · Loan `5473167108`
## Borrower
- **Name:** ADVANCE DISTRIBUTION INC.
- **Address:** 700 Touby Pike, Kokomo, IN, 46901-3181
- **NAICS:** 484230
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $351K
- **Initial approval:** $351K
- **Forgiven:** $354K (101%)
- **Forgiveness date:** 04/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $351K
- **Jobs reported:** 17
## Lender
- **Originating:** First Farmers Bank & Trust Co.
- **Servicing:** First Farmers Bank & Trust Co. (IN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*