# PPP loan: ADNET INC
> **$390K** approved 05/01/2020 · Charged Off · Loan `6872727700`
## Borrower
- **Name:** ADNET INC
- **Address:** 8000 WESTPARK DR, MC LEAN, VA, 22102-3117
- **NAICS:** 541512
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $390K
- **Initial approval:** $390K
- **Forgiven:** $249K (64%)
- **Forgiveness date:** 03/14/2022
- **Status:** Charged Off
- **Term:** 23 months
## Use of funds
- **Payroll:** $390K
- **Jobs reported:** 24
## Lender
- **Originating:** PNC Bank, National Association
- **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*