# PPP loan: ADVANCED MATERIALS TECHNOLOGY, INC.
> **$559K** approved 04/07/2020 · Paid in Full · Loan `6818087000`
## Borrower
- **Name:** ADVANCED MATERIALS TECHNOLOGY, INC.
- **Address:** 3521 Silverside RD STE 1K, WILMINGTON, DE, 19810-4900
- **NAICS:** 423490
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $559K
- **Initial approval:** $559K
- **Forgiven:** $563K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $559K
- **Jobs reported:** 39
## Lender
- **Originating:** Wilmington Savings Fund Society, FSB
- **Servicing:** Wilmington Savings Fund Society, FSB (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*