# PPP loan: ADCO MANUFACTURING CORP
> **$2.15M** approved 04/09/2020 · Paid in Full · Loan `1136557108`
## Borrower
- **Name:** ADCO MANUFACTURING CORP
- **Address:** 2170 ACADEMY AVE, SANGER, CA, 93657-3795
- **NAICS:** 333249
- **Business type:** Employee Stock Ownership Plan(ESOP)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.15M
- **Initial approval:** $2.15M
- **Forgiven:** $2.19M (102%)
- **Forgiveness date:** 11/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.15M
- **Jobs reported:** 158
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*