# PPP loan: ADVANCED RESTAURANT SYSTEMS INC
> **$166K** approved 01/25/2021 · Paid in Full · Loan `5792328308`
## Borrower
- **Name:** ADVANCED RESTAURANT SYSTEMS INC
- **Address:** 1975 Periwinkle Way, Sanibel, FL, 33957-4112
- **NAICS:** 722513
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $166K
- **Initial approval:** $166K
- **Forgiven:** $167K (101%)
- **Forgiveness date:** 11/10/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $166K
- **Utilities:** $1
- **Jobs reported:** 23
## Lender
- **Originating:** Sanibel Captiva Community Bank
- **Servicing:** Sanibel Captiva Community Bank (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*