PPP Loan information for Addiction recovery care, llc

$2,854,745

Addiction recovery care, llc was initially approved for PPP Loan of amount $2,854,745, the current approved amount is $2,854,745. The loan was approved on 04/30/2020 by The Truist Bank reported 493 jobs and $2,854,745 was used to fund payroll.

Addiction recovery care, llc is Existing or more than 2 years old

ADDICTION RECOVERY CARE, LLC

Date Approved

04/30/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

ADDICTION RECOVERY CARE, LLC

Borrower Address

125 S Main Cross St

Borrower City

Louisa

Borrower State

KY

Borrower Zip

41230

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2854745.00

Current Approval Amount

2854745.00

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

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Louisa

Project County Name

LAWRENCE

Project State

KY

Project Zip

41230-0001

CD

KY-05

Jobs Reported

493

NAICS Code

623220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2854745.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2909698.84

Forgiveness Date

03/29/2022

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