PPP Loan information for Adex corp

$2,000,000

Adex corp was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 03/25/2021 by The Heritage Bank of Commerce reported 159 jobs and $2,000,000 was used to fund payroll.

Adex corp is Existing or more than 2 years old

PPP Loan Search / FL / Boca Raton / Adex corp

ADEX CORP

Date Approved

03/25/2021

SBA Office Code

0455

Processing Method

PPS

Borrower Name

ADEX CORP

Borrower Address

980 N Federal Hwy Ste 304

Borrower City

Boca Raton

Borrower State

FL

Borrower Zip

33432-2744

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119056

Servicing Lender Name

Heritage Bank of Commerce

Servicing Lender Address

224 Airport Pkwy

Servicing Lender City

SAN JOSE

Servicing Lender State

CA

Servicing Lender Zip

95110

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Boca Raton

Project County Name

PALM BEACH

Project State

FL

Project Zip

33432-2744

CD

FL-23

Jobs Reported

159

NAICS Code

561320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

119056

Originating Lender

Heritage Bank of Commerce

Originating Lender City

SAN JOSE

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2018410.96

Forgiveness Date

03/01/2022

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