# PPP loan: AD COLOR, INC.
> **$360K** approved 04/07/2020 · Paid in Full · Loan `7344047001`
## Borrower
- **Name:** AD COLOR, INC.
- **Address:** 620 ADCOLOR DR, LEXINGTON, KY, 40511-1844
- **NAICS:** 323111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $360K
- **Initial approval:** $360K
- **Forgiven:** $363K (101%)
- **Forgiveness date:** 01/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $295K
- **Rent:** $5K
- **Mortgage interest:** $25K
- **Utilities:** $35K
- **Jobs reported:** 38
## Lender
- **Originating:** Central Bank & Trust Co.
- **Servicing:** Central Bank & Trust Co. (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*