# PPP loan: ADEBCO INC.
> **$363K** approved 02/02/2021 · Paid in Full · Loan `1635188410`
## Borrower
- **Name:** ADEBCO INC.
- **Address:** 1896 Clarkrange Monterey Hwy, Monterey, TN, 38574-5023
- **NAICS:** 484110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $363K
- **Initial approval:** $363K
- **Forgiven:** $368K (101%)
- **Forgiveness date:** 04/25/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $363K
- **Utilities:** $1
- **Jobs reported:** 42
## Lender
- **Originating:** One Bank of Tennessee
- **Servicing:** One Bank of Tennessee (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*