PPP Loan information for Adams' cleaners inc.

$503,827

Adams' cleaners inc. was initially approved for PPP Loan of amount $503,827, the current approved amount is $503,827. The loan was approved on 04/06/2020 by The Pioneer Bank reported 116 jobs and $503,827 was used to fund payroll.

Adams' cleaners inc. is Existing or more than 2 years old

ADAMS' CLEANERS INC.

Date Approved

04/06/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

ADAMS' CLEANERS INC.

Borrower Address

104 E BERRENDO RD

Borrower City

ROSWELL

Borrower State

NM

Borrower Zip

88201-6746

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

503827.00

Current Approval Amount

503827.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78043

Servicing Lender Name

Pioneer Bank

Servicing Lender Address

3000 N Main St

Servicing Lender City

ROSWELL

Servicing Lender State

NM

Servicing Lender Zip

88201-6676

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROSWELL

Project County Name

CHAVES

Project State

NM

Project Zip

88201-6746

CD

NM-03

Jobs Reported

116

NAICS Code

812320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

503827.00

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

78043

Originating Lender

Pioneer Bank

Originating Lender City

ROSWELL

Originating Lender State

NM

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

507581.55

Forgiveness Date

01/07/2021

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