PPP Loan information for Adams electric security systems inc

$101,375

Adams electric security systems inc was initially approved for PPP Loan of amount $101,375, the current approved amount is $101,375. The loan was approved on 01/27/2021 by The Bank of America, National Association reported 6 jobs and $101,375 was used to fund payroll.

Adams electric security systems inc is Existing or more than 2 years old

ADAMS ELECTRIC SECURITY SYSTEMS INC

Date Approved

01/27/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

ADAMS ELECTRIC SECURITY SYSTEMS INC

Borrower Address

15172 Cypress Creek Ln

Borrower City

Doswell

Borrower State

VA

Borrower Zip

23047-2169

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

101375.00

Current Approval Amount

101375.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Doswell

Project County Name

HANOVER

Project State

VA

Project Zip

23047-2169

CD

VA-05

Jobs Reported

6

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

101372.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

102011.02

Forgiveness Date

09/15/2021

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