# PPP loan: ADVANCED DEPOSITION & COATING TECHNOLOGIES, INC
> **$503K** approved 06/26/2020 · Paid in Full · Loan `4647958003`
## Borrower
- **Name:** ADVANCED DEPOSITION & COATING TECHNOLOGIES, INC
- **Address:** 10723 Edison Ct, Rancho Cucamonga, CA, 91730
- **NAICS:** 339999
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $503K
- **Initial approval:** $503K
- **Forgiven:** $506K (101%)
- **Forgiveness date:** 01/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $428K
- **Utilities:** $76K
- **Jobs reported:** 39
## Lender
- **Originating:** American Express National Bank
- **Servicing:** American Express National Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*