PPP Loan information for Adaptive resources inc

$588,392

Adaptive resources inc was initially approved for PPP Loan of amount $588,392, the current approved amount is $588,392. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 36 jobs and $588,392 was used to fund payroll.

Adaptive resources inc is New Business or 2 years or less

PPP Loan Search / TX / MCKINNEY / Adaptive resources inc

ADAPTIVE RESOURCES INC

Date Approved

05/01/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

ADAPTIVE RESOURCES INC

Borrower Address

2021 COMMERCE DR

Borrower City

MCKINNEY

Borrower State

TX

Borrower Zip

75069-8262

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

588392.00

Current Approval Amount

588392.00

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

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

MCKINNEY

Project County Name

COLLIN

Project State

TX

Project Zip

75069-8262

CD

TX-03

Jobs Reported

36

NAICS Code

541330

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

588392.00

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

594259.80

Forgiveness Date

05/06/2021

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