# PPP loan: ADALTA CORPORATION DBA RINGOR
> **$164K** approved 04/10/2020 · Paid in Full · Loan `2555657102`
## Borrower
- **Name:** ADALTA CORPORATION DBA RINGOR
- **Address:** 7929 SW BURNS WAY STE C, WILSONVILLE, OR, 97070
- **NAICS:** 451110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $164K
- **Initial approval:** $164K
- **Forgiven:** $165K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $132K
- **Rent:** $25K
- **Utilities:** $3K
- **Health care:** $5K
- **Jobs reported:** 11
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*