PPP Loan information for Adc enterprises inc.

$250,000

Adc enterprises inc. was initially approved for PPP Loan of amount $250,000, the current approved amount is $250,000. The loan was approved on 02/13/2021 by The Farmers & Merchants Bank of Long Beach reported 21 jobs and $250,000 was used to fund payroll.

Adc enterprises inc. is Existing or more than 2 years old

PPP Loan Search / CA / Orange / Adc enterprises inc.

ADC ENTERPRISES INC.

Date Approved

02/13/2021

SBA Office Code

0920

Processing Method

PPP

Borrower Name

ADC ENTERPRISES INC.

Borrower Address

625 W Katella Ave Ste 11

Borrower City

Orange

Borrower State

CA

Borrower Zip

92867-4626

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

250000.00

Current Approval Amount

250000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5479

Servicing Lender Name

Farmers & Merchants Bank of Long Beach

Servicing Lender Address

302 Pine Ave

Servicing Lender City

LONG BEACH

Servicing Lender State

CA

Servicing Lender Zip

90802-2326

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Orange

Project County Name

ORANGE

Project State

CA

Project Zip

92867-4626

CD

CA-46

Jobs Reported

21

NAICS Code

332722

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

249998.00

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

5479

Originating Lender

Farmers & Merchants Bank of Long Beach

Originating Lender City

LONG BEACH

Originating Lender State

CA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

190880.09

Forgiveness Date

09/15/2021

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