Date Approved
07/31/2020
SBA Office Code
0460
Processing Method
PPP
Borrower Name
ADCO INC OF CHARLOTTE
Borrower Address
20 Ronnie Lane
Borrower City
SPRING LAKE
Borrower State
NC
Borrower Zip
28390-7286
Loan Status Date
05/18/2022
Loan Status
Charged Off
Term
36
SBA Guaranty Percentage
100
Initial Approval Amount
13600.00
Current Approval Amount
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
Servicing Lender Zip
28202-1078
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Unanswered
Project City
Project County Name
HARNETT
Project State
Project Zip
CD
NC-09
Jobs Reported
5
NAICS Code
445120
Race
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
Forgiveness Date