# PPP loan: ADVANSOFT INTERNATIONAL INC
> **$1.29M** approved 05/27/2021 · Paid in Full · Loan `8221889003`
## Borrower
- **Name:** ADVANSOFT INTERNATIONAL INC
- **Address:** 135 E Algonquin Rd Ste B, Arlington Heights, IL, 60005-5322
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.29M
- **Initial approval:** $1.29M
- **Forgiven:** $1.30M (101%)
- **Forgiveness date:** 06/08/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.29M
- **Utilities:** $1
- **Jobs reported:** 66
## Lender
- **Originating:** Itasca Bank & Trust Co.
- **Servicing:** Itasca Bank & Trust Co. (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*