# PPP loan: ADVANCED TIMBER SERVICES INC
> **$201K** approved 04/15/2020 · Paid in Full · Loan `8810027107`
## Borrower
- **Name:** ADVANCED TIMBER SERVICES INC
- **Address:** 619 IBIS CT, SHREVEPORT, LA, 71115-4616
- **NAICS:** 115310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $201K
- **Initial approval:** $201K
- **Forgiven:** $202K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $150K
- **Rent:** $17K
- **Utilities:** $17K
- **Health care:** $17K
- **Jobs reported:** 20
## Lender
- **Originating:** Gibsland Bank & Trust Company
- **Servicing:** Gibsland Bank & Trust Company (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*