PPP Loan information for Addo enterprises inc

$188,500

Addo enterprises inc was initially approved for PPP Loan of amount $188,500, the current approved amount is $188,500. The loan was approved on 05/08/2020 by The Primis Bank reported 19 jobs and $188,500 was used to fund payroll.

Addo enterprises inc is Existing or more than 2 years old

ADDO ENTERPRISES INC

Date Approved

05/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

ADDO ENTERPRISES INC

Borrower Address

2010 Chamberlayne Ave

Borrower City

Richmond

Borrower State

VA

Borrower Zip

23222

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

188500.00

Current Approval Amount

188500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434059

Servicing Lender Name

Primis Bank

Servicing Lender Address

307 Church Lane

Servicing Lender City

TAPPAHANNOCK

Servicing Lender State

VA

Servicing Lender Zip

22560

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Richmond

Project County Name

RICHMOND CITY

Project State

VA

Project Zip

23222-0001

CD

VA-04

Jobs Reported

19

NAICS Code

238110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

188500.00

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

434059

Originating Lender

Primis Bank

Originating Lender City

TAPPAHANNOCK

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

190038.99

Forgiveness Date

03/08/2021

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