# PPP loan: FRANK ADAMS JEWELERS INC
> **$235K** approved 04/06/2020 · Paid in Full · Loan `6119087001`
## Borrower
- **Name:** FRANK ADAMS JEWELERS INC
- **Address:** 1475 Western Avenue, ALBANY, NY, 12203-3500
- **NAICS:** 448310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $235K
- **Initial approval:** $235K
- **Forgiven:** $237K (101%)
- **Forgiveness date:** 02/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $188K
- **Mortgage interest:** $23K
- **Utilities:** $23K
- **Jobs reported:** 18
## Lender
- **Originating:** Trustco Bank
- **Servicing:** Trustco Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*