# PPP loan: PRESTIGE ADVANCED INC
> **$609K** approved 04/28/2020 · Paid in Full · Loan `8117487205`
## Borrower
- **Name:** PRESTIGE ADVANCED INC
- **Address:** 30031 STEPHENSON HWY, MADISON HEIGHTS, MI, 48071-1605
- **NAICS:** 336310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $609K
- **Initial approval:** $609K
- **Forgiven:** $617K (101%)
- **Forgiveness date:** 08/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $609K
- **Jobs reported:** 50
## Lender
- **Originating:** First Merchants Bank
- **Servicing:** First Merchants Bank (IN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*