# PPP loan: ADUCO
> **$338K** approved 04/11/2020 · Paid in Full · Loan `3514967110`
## Borrower
- **Name:** ADUCO
- **Address:** 1960 N Loop Rd, ALAMEDA, CA, 94502-8014
- **NAICS:** 424210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $338K
- **Initial approval:** $338K
- **Forgiven:** $343K (101%)
- **Forgiveness date:** 10/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $296K
- **Mortgage interest:** $20K
- **Utilities:** $6K
- **Health care:** $16K
- **Jobs reported:** 22
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*