PPP Loan information for American debt relief, llc

$768,000

American debt relief, llc was initially approved for PPP Loan of amount $768,000, the current approved amount is $768,000. The loan was approved on 04/13/2020 by The Southern Bancorp Bank reported 51 jobs and $768,000 was used to fund payroll.

American debt relief, llc is Existing or more than 2 years old

PPP Loan Search / TX / PLANO / American debt relief, llc

AMERICAN DEBT RELIEF, LLC

Date Approved

04/13/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

AMERICAN DEBT RELIEF, LLC

Borrower Address

6860 DALLAS PKWY STE 200

Borrower City

PLANO

Borrower State

TX

Borrower Zip

75024-0018

Loan Status Date

04/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

768000.00

Current Approval Amount

768000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4089

Servicing Lender Name

Southern Bancorp Bank

Servicing Lender Address

605 Main St

Servicing Lender City

ARKADELPHIA

Servicing Lender State

AR

Servicing Lender Zip

71923-6037

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PLANO

Project County Name

COLLIN

Project State

TX

Project Zip

75024-0018

CD

TX-04

Jobs Reported

51

NAICS Code

812990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

76800.00

Payroll Proceed

576000.00

Mortgage Interest Proceed

0.00

Rent Proceed

115200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

4089

Originating Lender

Southern Bancorp Bank

Originating Lender City

ARKADELPHIA

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

774922.52

Forgiveness Date

03/11/2021

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