PPP Loan information for Adwerx, inc.

$1,956,300

Adwerx, inc. was initially approved for PPP Loan of amount $1,956,300, the current approved amount is $1,956,300. The loan was approved on 04/10/2020 by The Blue Ridge Bank, National Association reported 116 jobs and $1,956,300 was used to fund payroll.

Adwerx, inc. is Existing or more than 2 years old

PPP Loan Search / NC / Durham / Adwerx, inc.

ADWERX, INC.

Date Approved

04/10/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ADWERX, INC.

Borrower Address

324 Blackwell St. Suite 510

Borrower City

Durham

Borrower State

NC

Borrower Zip

27701-3600

Loan Status Date

09/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1956300.00

Current Approval Amount

1956300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124336

Servicing Lender Name

Blue Ridge Bank, National Association

Servicing Lender Address

1 E Market St Imperial Plaza

Servicing Lender City

MARTINSVILLE

Servicing Lender State

VA

Servicing Lender Zip

24112

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Durham

Project County Name

DURHAM

Project State

NC

Project Zip

27701-3600

CD

NC-04

Jobs Reported

116

NAICS Code

541890

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

500.00

Payroll Proceed

1607800.00

Mortgage Interest Proceed

0.00

Rent Proceed

80000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

240000.00

Debt Interest Proceed

28000

Business Type

Corporation

Originating Lender Location Id

124336

Originating Lender

Blue Ridge Bank, National Association

Originating Lender City

MARTINSVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1981786.24

Forgiveness Date

08/12/2021

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