PPP Loan information for Adb, inc.

$136,800

Adb, inc. was initially approved for PPP Loan of amount $136,800, the current approved amount is $136,800. The loan was approved on 04/10/2020 by The The Old Point National Bank of Phoebus reported 13 jobs and $136,800 was used to fund payroll.

Adb, inc. is Existing or more than 2 years old

PPP Loan Search / VA / HAMPTON / Adb, inc.

ADB, INC.

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

ADB, INC.

Borrower Address

827 W. PEMBROKE AVE

Borrower City

HAMPTON

Borrower State

VA

Borrower Zip

23669-3326

Loan Status Date

02/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

136800.00

Current Approval Amount

136800.00

Undisbursed Amount

0.00

Franchise Name

Maaco

Servicing Lender Location Id

73444

Servicing Lender Name

The Old Point National Bank of Phoebus

Servicing Lender Address

1 W Mellen St

Servicing Lender City

HAMPTON

Servicing Lender State

VA

Servicing Lender Zip

23663-2305

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HAMPTON

Project County Name

HAMPTON CITY

Project State

VA

Project Zip

23669-3326

CD

VA-03

Jobs Reported

13

NAICS Code

811121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

117800.00

Mortgage Interest Proceed

0.00

Rent Proceed

14000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

73444

Originating Lender

The Old Point National Bank of Phoebus

Originating Lender City

HAMPTON

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

137833.60

Forgiveness Date

01/20/2021

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