# PPP loan: ADVANCED RESEARCH SYSTEMS, INC.
> **$336K** approved 04/06/2020 · Paid in Full · Loan `5616207007`
## Borrower
- **Name:** ADVANCED RESEARCH SYSTEMS, INC.
- **Address:** 7476 INDUSTRIAL PARK WAY, MACUNGIE, PA, 18062-9687
- **NAICS:** 333415
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $336K
- **Initial approval:** $336K
- **Forgiven:** $339K (101%)
- **Forgiveness date:** 02/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $336K
- **Jobs reported:** 20
## Lender
- **Originating:** American Bank
- **Servicing:** American Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*