# PPP loan: ADELMAN SAND & GRAVEL, INC
> **$335K** approved 04/27/2020 · Paid in Full · Loan `4328667202`
## Borrower
- **Name:** ADELMAN SAND & GRAVEL, INC
- **Address:** 34 BOZRAH ST, BOZRAH, CT, 06334-1304
- **NAICS:** 212321
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $335K
- **Initial approval:** $335K
- **Forgiven:** $337K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $268K
- **Mortgage interest:** $34K
- **Utilities:** $34K
- **Jobs reported:** 28
## Lender
- **Originating:** Chelsea Groton Bank
- **Servicing:** Chelsea Groton Bank (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*