# PPP loan: ADVANCED TRAFFIC CONTROL INC.
> **$427K** approved 04/06/2020 · Paid in Full · Loan `5911247000`
## Borrower
- **Name:** ADVANCED TRAFFIC CONTROL INC.
- **Address:** P.O. Box 8958, CEDAR RAPIDS, IA, 52408-8958
- **NAICS:** 532299
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $427K
- **Initial approval:** $427K
- **Forgiven:** $430K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $427K
- **Jobs reported:** 21
## Lender
- **Originating:** Victor State Bank, A Division of
- **Servicing:** Chelsea Savings Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*