# PPP loan: ADVANCED COIL TECHNOLOGY LLC
> **$157K** approved 01/28/2021 · Paid in Full · Loan `7320378302`
## Borrower
- **Name:** ADVANCED COIL TECHNOLOGY LLC
- **Address:** 2929 Park Dr, Owatonna, MN, 55060-4912
- **NAICS:** 333415
- **Business type:** Limited Liability Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $157K
- **Initial approval:** $157K
- **Forgiven:** $158K (101%)
- **Forgiveness date:** 10/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $157K
- **Utilities:** $1
- **Jobs reported:** 11
## Lender
- **Originating:** Bremer Bank, National Association
- **Servicing:** Bremer Bank, National Association (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*