# PPP loan: ADC ENGINEERING INCORPORATED
> **$887K** approved 01/28/2021 · Paid in Full · Loan `7410278300`
## Borrower
- **Name:** ADC ENGINEERING INCORPORATED
- **Address:** 1226 Yeamans Hall Rd, Hanahan, SC, 29410-2796
- **NAICS:** 541330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $887K
- **Initial approval:** $887K
- **Forgiven:** $894K (101%)
- **Forgiveness date:** 11/03/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $887K
- **Utilities:** $1
- **Jobs reported:** 49
## Lender
- **Originating:** Pinnacle Bank
- **Servicing:** Pinnacle Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*