# PPP loan: ADAMS' CLEANERS INC.
> **$504K** approved 04/06/2020 · Paid in Full · Loan `6431507001`
## Borrower
- **Name:** ADAMS' CLEANERS INC.
- **Address:** 104 E BERRENDO RD, ROSWELL, NM, 88201-6746
- **NAICS:** 812320
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $504K
- **Initial approval:** $504K
- **Forgiven:** $508K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $504K
- **Jobs reported:** 116
## Lender
- **Originating:** Pioneer Bank
- **Servicing:** Pioneer Bank (NM)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*