# PPP loan: ADS SERVICES, INC.
> **$150K** approved 04/14/2020 · Paid in Full · Loan `6134477107`
## Borrower
- **Name:** ADS SERVICES, INC.
- **Address:** 26 Franklin Street, Frederick, MD, 21701
- **NAICS:** 562111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $151K (101%)
- **Forgiveness date:** 12/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $150K
- **Jobs reported:** 12
## Lender
- **Originating:** Woodsboro Bank
- **Servicing:** Woodsboro Bank (MD)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*