# PPP loan: ADVANTAGE IT INC
> **$722K** approved 04/28/2020 · Paid in Full · Loan `6738677207`
## Borrower
- **Name:** ADVANTAGE IT INC
- **Address:** 4950 NE Belknap Ct Suite 201, Hillsboro, OR, 97124-5115
- **NAICS:** 541519
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $722K
- **Initial approval:** $722K
- **Forgiven:** $726K (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $578K
- **Rent:** $108K
- **Utilities:** $36K
- **Jobs reported:** 49
## Lender
- **Originating:** Wallis Bank
- **Servicing:** Wallis Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*