PPP Loan information for Adams automotive inc

$315,050

Adams automotive inc was initially approved for PPP Loan of amount $426,400, the current approved amount is $315,050. The loan was approved on 04/09/2020 by The Truist Bank reported 51 jobs and $315,050 was used to fund payroll.

Adams automotive inc is Existing or more than 2 years old

PPP Loan Search / MD / ANNAPOLIS / Adams automotive inc

ADAMS AUTOMOTIVE INC

Date Approved

04/09/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

ADAMS AUTOMOTIVE INC

Borrower Address

1797 WEST ST

Borrower City

ANNAPOLIS

Borrower State

MD

Borrower Zip

21401-3246

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

426400.00

Current Approval Amount

315050.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ANNAPOLIS

Project County Name

ANNE ARUNDEL

Project State

MD

Project Zip

21401-3246

CD

MD-03

Jobs Reported

51

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

315050.00

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

Cooperative

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

317535.39

Forgiveness Date

01/27/2021

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