# PPP loan: ADAMS ELECTRIC INC.
> **$432K** approved 03/18/2021 · Paid in Full · Loan `4491188610`
## Borrower
- **Name:** ADAMS ELECTRIC INC.
- **Address:** 320 S Santa Fe Ave, Pueblo, CO, 81003-3537
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $432K
- **Initial approval:** $432K
- **Forgiven:** $435K (101%)
- **Forgiveness date:** 01/11/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $432K
- **Utilities:** $1
- **Jobs reported:** 35
## Lender
- **Originating:** Glacier Bank
- **Servicing:** Glacier Bank (MT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*