PPP Loan information for Adman electric inc.

$5,248,600

Adman electric inc. was initially approved for PPP Loan of amount $5,248,600, the current approved amount is $5,248,600. The loan was approved on 04/15/2020 by The Pinnacle Bank reported 400 jobs and $5,248,600 was used to fund payroll.

Adman electric inc. is Existing or more than 2 years old

PPP Loan Search / TN / CHATTANOOGA / Adman electric inc.

ADMAN ELECTRIC INC.

Date Approved

04/15/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

ADMAN ELECTRIC INC.

Borrower Address

2311 E. 28th Street

Borrower City

CHATTANOOGA

Borrower State

TN

Borrower Zip

37404-0069

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5248600.00

Current Approval Amount

5248600.00

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

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CHATTANOOGA

Project County Name

HAMILTON

Project State

TN

Project Zip

37404-0069

CD

TN-03

Jobs Reported

400

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

5248600.00

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

Employee Stock Ownership Plan(ESOP)

Originating Lender Location Id

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

5050966.81

Forgiveness Date

06/02/2021

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