# PPP loan: A D STOWE INC
> **$163K** approved 04/28/2020 · Paid in Full · Loan `8606807206`
## Borrower
- **Name:** A D STOWE INC
- **Address:** 2504 Detroit Street, PORTSMOUTH, VA, 23707
- **NAICS:** 238310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $163K
- **Initial approval:** $163K
- **Forgiven:** $164K (101%)
- **Forgiveness date:** 12/02/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $148K
- **Health care:** $15K
- **Jobs reported:** 19
## Lender
- **Originating:** TowneBank
- **Servicing:** TowneBank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*