PPP Loan information for Adac management group inc

$71,651

Adac management group inc was initially approved for PPP Loan of amount $71,651, the current approved amount is $71,651. The loan was approved on 03/02/2021 by The PNC Bank, National Association reported 18 jobs and $71,651 was used to fund payroll.

Adac management group inc is Existing or more than 2 years old

PPP Loan Search / NC / Raeford / Adac management group inc

ADAC MANAGEMENT GROUP INC

Date Approved

03/02/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

ADAC MANAGEMENT GROUP INC

Borrower Address

402 S Main St 402 S Main St

Borrower City

Raeford

Borrower State

NC

Borrower Zip

28376-3223

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

71651.00

Current Approval Amount

71651.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Raeford

Project County Name

HOKE

Project State

NC

Project Zip

28376-3223

CD

NC-09

Jobs Reported

18

NAICS Code

561110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

71645.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

72064.98

Forgiveness Date

09/28/2021

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