# PPP loan: ATLANTIC DEVELOPMENT OF COCOA, INC.
> **$232K** approved 04/08/2020 · Paid in Full · Loan `8556427004`
## Borrower
- **Name:** ATLANTIC DEVELOPMENT OF COCOA, INC.
- **Address:** 2185 KING ST, COCOA, FL, 32926-5131
- **NAICS:** 237110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $232K
- **Initial approval:** $232K
- **Forgiven:** $234K (101%)
- **Forgiveness date:** 02/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $186K
- **Rent:** $15K
- **Utilities:** $14K
- **Health care:** $17K
- **Jobs reported:** 19
## Lender
- **Originating:** Community Bank of the South
- **Servicing:** Community Bank of the South (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*