# PPP loan: ADELL PLASTICS INC
> **$404K** approved 05/21/2020 · Paid in Full · Loan `1524397807`
## Borrower
- **Name:** ADELL PLASTICS INC
- **Address:** 4540 ANNAPOLIS RD, HALETHORPE, MD, 21227-4815
- **NAICS:** 325211
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $404K
- **Initial approval:** $404K
- **Forgiven:** $408K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $404K
- **Jobs reported:** 34
## Lender
- **Originating:** First National Bank of Pennsylvania
- **Servicing:** First National Bank of Pennsylvania (PA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*