Adams Foods INC

$3,355,870 PPP Loan in Bonita Springs, Florida

Loan Details

Loan Number
5331507108
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$3,355,870
Current Approval
$3,355,870
Forgiveness Amount
$3,395,488
Forgiveness Date
Jun 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Adams Foods INC
Address
8850 Terrene Ct
State
Florida
ZIP Code
34135-9524
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Franchise
Mcdonalds
Business Age
Existing or more than 2 years old
Jobs Reported
500
Estimated Revenue
$88.8M
Rural/Urban
Urban
Congressional District
FL-19

Loan Use Breakdown

Payroll
$2,684,696
Rent
$536,939
Utilities
$134,235

Lender Information

Servicing Lender
First Foundation Bank
Originating Lender
First Foundation Bank

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