# PPP loan: THE ADVANCE DESIGN STUDIO, LTD.
> **$425K** approved 04/07/2020 · Paid in Full · Loan `7560507002`
## Borrower
- **Name:** THE ADVANCE DESIGN STUDIO, LTD.
- **Address:** 30 RAILROAD ST, GILBERTS, IL, 60136-9671
- **NAICS:** 541410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $425K
- **Initial approval:** $425K
- **Forgiven:** $429K (101%)
- **Forgiveness date:** 01/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $425K
- **Jobs reported:** 34
## Lender
- **Originating:** American Community Bank & Trust
- **Servicing:** American Community Bank & Trust (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*