Date Approved
05/01/2020
SBA Office Code
0460
Processing Method
PPP
Borrower Name
ADAC MANAGEMENT GROUP INC
Borrower Address
402 S MAIN ST
Borrower City
RAEFORD
Borrower State
NC
Borrower Zip
28376-3223
Loan Status Date
Loan Status
Exemption 4
Term
59
SBA Guaranty Percentage
100
Initial Approval Amount
67800.00
Current Approval Amount
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
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Unanswered
Project City
Project County Name
HOKE
Project State
Project Zip
CD
NC-09
Jobs Reported
21
NAICS Code
561110
Race
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
62160.14
Forgiveness Date
06/15/2021