# PPP loan: J. ADAMS AUTO BODY, INC.
> **$300K** approved 04/11/2020 · Paid in Full · Loan `2821657106`
## Borrower
- **Name:** J. ADAMS AUTO BODY, INC.
- **Address:** 1811 W IL Route 120, McHenry, IL, 60051-8783
- **NAICS:** 811121
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $300K
- **Initial approval:** $300K
- **Forgiven:** $302K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $276K
- **Rent:** $20K
- **Utilities:** $4K
- **Jobs reported:** 22
## Lender
- **Originating:** First Mid Bank and Trust National Association
- **Servicing:** First Mid Bank & Trust, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*