# PPP loan: ADVANCED POLYMERICS INC
> **$151K** approved 05/01/2020 · Paid in Full · Loan `6571007703`
## Borrower
- **Name:** ADVANCED POLYMERICS INC
- **Address:** 32 HAMPSHIRE RD, SALEM, NH, 03079-4204
- **NAICS:** 326121
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $151K
- **Initial approval:** $151K
- **Forgiven:** $153K (102%)
- **Forgiveness date:** 11/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $151K
- **Jobs reported:** 8
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*