# PPP loan: ADVANCED TECHNOLOGIES INC
> **$1.26M** approved 04/08/2020 · Paid in Full · Loan `8647567006`
## Borrower
- **Name:** ADVANCED TECHNOLOGIES INC
- **Address:** 875 City Center Blvd, NEWPORT NEWS, VA, 23606-3078
- **NAICS:** 334519
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.26M
- **Initial approval:** $1.26M
- **Forgiven:** $1.27M (101%)
- **Forgiveness date:** 03/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.26M
- **Jobs reported:** 60
## Lender
- **Originating:** TowneBank
- **Servicing:** TowneBank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*