# PPP loan: ADAMS VALVES INC.
> **$463K** approved 02/11/2021 · Paid in Full · Loan `6936688403`
## Borrower
- **Name:** ADAMS VALVES INC.
- **Address:** 12303 Cutten Rd, Houston, TX, 77066-1807
- **NAICS:** 423990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $463K
- **Initial approval:** $463K
- **Forgiven:** $468K (101%)
- **Forgiveness date:** 03/15/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $463K
- **Utilities:** $1
- **Jobs reported:** 20
## Lender
- **Originating:** Third Coast Bank
- **Servicing:** Third Coast Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*