# PPP loan: ADVANCE INC.
> **$261K** approved 04/15/2020 · Paid in Full · Loan `9010147104`
## Borrower
- **Name:** ADVANCE INC.
- **Address:** 645 Dawson Drive Suite A, Newark, DE, 19713
- **NAICS:** 236118
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $261K
- **Initial approval:** $261K
- **Forgiven:** $263K (101%)
- **Forgiveness date:** 01/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $241K
- **Mortgage interest:** $1K
- **Utilities:** $1K
- **Health care:** $18K
- **Jobs reported:** 13
## 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*