# PPP loan: ADSTRATEGIES, INC
> **$411K** approved 04/13/2020 · Paid in Full · Loan `4218917106`
## Borrower
- **Name:** ADSTRATEGIES, INC
- **Address:** 101 Bay Street Suite 201, EASTON, MD, 21601-2703
- **NAICS:** 541810
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $411K
- **Initial approval:** $411K
- **Forgiven:** $414K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $400K
- **Rent:** $7K
- **Utilities:** $4K
- **Jobs reported:** 24
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*