# PPP loan: ADVANCED BUSINESS SYSTEMS, INC.
> **$273K** approved 04/08/2020 · Paid in Full · Loan `8082457010`
## Borrower
- **Name:** ADVANCED BUSINESS SYSTEMS, INC.
- **Address:** 22811 COUNTY ROUTE 51, WATERTOWN, NY, 13601-5005
- **NAICS:** 532420
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $273K
- **Initial approval:** $273K
- **Forgiven:** $275K (101%)
- **Forgiveness date:** 03/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $253K
- **Rent:** $3K
- **Mortgage interest:** $4K
- **Utilities:** $6K
- **Debt interest:** $7K
- **Jobs reported:** 19
## Lender
- **Originating:** Watertown Savings Bank
- **Servicing:** Watertown Savings Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*