# PPP loan: ADAMS BROS. CABINETRY, INC
> **$1.08M** approved 04/13/2020 · Paid in Full · Loan `5653987104`
## Borrower
- **Name:** ADAMS BROS. CABINETRY, INC
- **Address:** 2221 Murphy Ct., NORTH PORT, FL, 34289-9314
- **NAICS:** 337211
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.08M
- **Initial approval:** $1.08M
- **Forgiven:** $1.10M (101%)
- **Forgiveness date:** 05/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $814K
- **Rent:** $136K
- **Utilities:** $136K
- **Jobs reported:** 100
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*