# PPP loan: ADAMS REAL ESTATE, INC.
> **$323K** approved 04/08/2020 · Paid in Full · Loan `8410787004`
## Borrower
- **Name:** ADAMS REAL ESTATE, INC.
- **Address:** 1002 HIGHWAY 98, DESTIN, FL, 32541-2993
- **NAICS:** 721199
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $323K
- **Initial approval:** $323K
- **Forgiven:** $329K (102%)
- **Forgiveness date:** 03/04/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $254K
- **Utilities:** $48K
- **Health care:** $21K
- **Jobs reported:** 63
## Lender
- **Originating:** Community Bank of Mississippi
- **Servicing:** Community Bank of Mississippi (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*