# PPP loan: ADVANCED INDUSTRIAL SERVICES, INC.
> **$1.55M** approved 04/08/2020 · Paid in Full · Loan `7680487003`
## Borrower
- **Name:** ADVANCED INDUSTRIAL SERVICES, INC.
- **Address:** 7831 ALONDRA BLVD, PARAMOUNT, CA, 90723-5005
- **NAICS:** 238320
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.55M
- **Initial approval:** $1.55M
- **Forgiven:** $1.57M (101%)
- **Forgiveness date:** 09/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.55M
- **Jobs reported:** 99
## Lender
- **Originating:** American Business Bank
- **Servicing:** American Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*