# PPP loan: ADKO ASSOCIATES. INC
> **$570K** approved 04/15/2020 · Paid in Full · Loan `8209677102`
## Borrower
- **Name:** ADKO ASSOCIATES. INC
- **Address:** 2010 Lord Baltimore Drive, Woodlawn, MD, 21244
- **NAICS:** 424420
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $570K
- **Initial approval:** $570K
- **Forgiven:** $434K (76%)
- **Forgiveness date:** 11/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $465K
- **Rent:** $40K
- **Utilities:** $24K
- **Health care:** $35K
- **Debt interest:** $6K
- **Jobs reported:** 29
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*