PPP Loan information for Adem, inc.

$41,800

Adem, inc. was initially approved for PPP Loan of amount $41,800, the current approved amount is $41,800. The loan was approved on 04/27/2020 by The Bank of DeSoto, National Association reported 10 jobs and $41,800 was used to fund payroll.

Adem, inc. is New Business or 2 years or less

PPP Loan Search / TX / Allen / Adem, inc.

ADEM, INC.

Date Approved

04/27/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

ADEM, INC.

Borrower Address

121 N. Greenville Ave, Suite B

Borrower City

Allen

Borrower State

TX

Borrower Zip

75002-2252

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41800.00

Current Approval Amount

41800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

69703

Servicing Lender Name

Bank of DeSoto, National Association

Servicing Lender Address

2011 N Hampton Rd

Servicing Lender City

DESOTO

Servicing Lender State

TX

Servicing Lender Zip

75115-2323

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Allen

Project County Name

COLLIN

Project State

TX

Project Zip

75002-2252

CD

TX-03

Jobs Reported

10

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

41800.00

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

69703

Originating Lender

Bank of DeSoto, National Association

Originating Lender City

DESOTO

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

42312.05

Forgiveness Date

07/14/2021

;