# PPP loan: ADVANCED CONTRACTOR INC.
> **$177K** approved 03/10/2021 · Paid in Full · Loan `8514978504`
## Borrower
- **Name:** ADVANCED CONTRACTOR INC.
- **Address:** Rio Plantation calle 2 Oeste #11, Bayamon, PR, 00961
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $177K
- **Initial approval:** $177K
- **Forgiven:** $179K (101%)
- **Forgiveness date:** 01/06/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $177K
- **Utilities:** $1
- **Jobs reported:** 12
## Lender
- **Originating:** Banco Popular de Puerto Rico
- **Servicing:** Banco Popular de Puerto Rico (PR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*