# PPP loan: ADVANCED MOTION SYSTEMS, INC
> **$223K** approved 04/09/2020 · Paid in Full · Loan `8931387008`
## Borrower
- **Name:** ADVANCED MOTION SYSTEMS, INC
- **Address:** 7625 Omnitech Place Suite 7A, VICTOR, NY, 14564-9795
- **NAICS:** 423830
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $223K
- **Initial approval:** $223K
- **Forgiven:** $224K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $182K
- **Rent:** $25K
- **Health care:** $16K
- **Jobs reported:** 14
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*