PPP Loan information for Adelines inc

$114,020

Adelines inc was initially approved for PPP Loan of amount $114,020, the current approved amount is $114,020. The loan was approved on 04/15/2020 by The Pinnacle Bank reported 24 jobs and $114,020 was used to fund payroll.

Adelines inc is New Business or 2 years or less

ADELINES INC

Date Approved

04/15/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ADELINES INC

Borrower Address

2201 WALKER AVE

Borrower City

GREENSBORO

Borrower State

NC

Borrower Zip

27403

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

114020.00

Current Approval Amount

114020.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

GREENSBORO

Project County Name

GUILFORD

Project State

NC

Project Zip

27403-1000

CD

NC-06

Jobs Reported

24

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

114020.00

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

Corporation

Originating Lender Location Id

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

115250.79

Forgiveness Date

05/20/2021

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