PPP Loan information for Adams ribs east inc.

$287,116

Adams ribs east inc. was initially approved for PPP Loan of amount $287,116, the current approved amount is $287,116. The loan was approved on 03/12/2021 by The Truist Bank reported 35 jobs and $287,116 was used to fund payroll.

Adams ribs east inc. is Existing or more than 2 years old

ADAMS RIBS EAST INC.

Date Approved

03/12/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

ADAMS RIBS EAST INC.

Borrower Address

921 Chesapeake Ave

Borrower City

Annapolis

Borrower State

MD

Borrower Zip

21403-3116

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

287115.50

Current Approval Amount

287115.50

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

21403-3116

CD

MD-03

Jobs Reported

35

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

287112.50

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

288646.78

Forgiveness Date

09/24/2021

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