# PPP loan: ADK ELECTRICAL SERVICE INC.
> **$244K** approved 04/30/2020 · Paid in Full · Loan `7102387300`
## Borrower
- **Name:** ADK ELECTRICAL SERVICE INC.
- **Address:** 858 US Route One, Edison, NJ, 08817
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $244K
- **Initial approval:** $244K
- **Forgiven:** $247K (102%)
- **Forgiveness date:** 12/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $244K
- **Jobs reported:** 22
## Lender
- **Originating:** Capital One, National Association
- **Servicing:** Capital One, National Association (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*