# PPP loan: ADA SAND & GRAVEL, INC.
> **$267K** approved 04/08/2020 · Paid in Full · Loan `8501607002`
## Borrower
- **Name:** ADA SAND & GRAVEL, INC.
- **Address:** 201 W STATE ST, BOISE, ID, 83702-6053
- **NAICS:** 212321
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $267K
- **Initial approval:** $267K
- **Forgiven:** $270K (101%)
- **Forgiveness date:** 06/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $267K
- **Jobs reported:** 24
## Lender
- **Originating:** Umpqua Bank
- **Servicing:** Umpqua Bank (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*