# PPP loan: ADAME TRANSPORTATION, INC.
> **$1.48M** approved 04/08/2020 · Exemption 4 · Loan `8590847005`
## Borrower
- **Name:** ADAME TRANSPORTATION, INC.
- **Address:** 3375 ENTERPRISE DR, BLOOMINGTON, CA, 92316-3539
- **NAICS:** 484110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.48M
- **Initial approval:** $1.48M
- **Forgiven:** $1.22M (83%)
- **Forgiveness date:** 01/10/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $955K
- **Rent:** $502K
- **Utilities:** $18K
- **Jobs reported:** 124
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*