# PPP loan: ADVISORS CAPITAL INC
> **$272K** approved 04/06/2020 · Paid in Full · Loan `6448497007`
## Borrower
- **Name:** ADVISORS CAPITAL INC
- **Address:** 39810 Grand River Ave, Suite C-200, NOVI, MI, 48375-2138
- **NAICS:** 522292
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $272K
- **Initial approval:** $272K
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $204K
- **Mortgage interest:** $68K
- **Jobs reported:** 13
## Lender
- **Originating:** Hinsdale Bank & Trust Company, National Association
- **Servicing:** Hinsdale Bank & Trust Company, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*