PPP Loan information for Adco electric incorporated

$693,880

Adco electric incorporated was initially approved for PPP Loan of amount $693,880, the current approved amount is $693,880. The loan was approved on 04/10/2020 by The Trustmark National Bank reported 61 jobs and $693,880 was used to fund payroll.

Adco electric incorporated is Existing or more than 2 years old

PPP Loan Search / MS / JACKSON / Adco electric incorporated

ADCO ELECTRIC INCORPORATED

Date Approved

04/10/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

ADCO ELECTRIC INCORPORATED

Borrower Address

2236 MADDOX RD

Borrower City

JACKSON

Borrower State

MS

Borrower Zip

39209-9601

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

693880.00

Current Approval Amount

693880.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39334

Servicing Lender Name

Trustmark National Bank

Servicing Lender Address

248 E Capitol St

Servicing Lender City

JACKSON

Servicing Lender State

MS

Servicing Lender Zip

39201-2503

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

JACKSON

Project County Name

HINDS

Project State

MS

Project Zip

39209-9601

CD

MS-02

Jobs Reported

61

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

693880.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

39334

Originating Lender

Trustmark National Bank

Originating Lender City

JACKSON

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

697619.24

Forgiveness Date

11/12/2020

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