PPP Loan information for Adc engineering, inc.

$887,300

Adc engineering, inc. was initially approved for PPP Loan of amount $887,300, the current approved amount is $887,300. The loan was approved on 04/15/2020 by The First-Citizens Bank & Trust Company reported 51 jobs and $887,300 was used to fund payroll.

Adc engineering, inc. is New Business or 2 years or less

PPP Loan Search / SC / Hanahan / Adc engineering, inc.

ADC ENGINEERING, INC.

Date Approved

04/15/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

ADC ENGINEERING, INC.

Borrower Address

1226 Yeamans Hall Rd

Borrower City

Hanahan

Borrower State

SC

Borrower Zip

29410

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

887300.00

Current Approval Amount

887300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Hanahan

Project County Name

BERKELEY

Project State

SC

Project Zip

29410-0051

CD

SC-01

Jobs Reported

51

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

887300.00

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

Subchapter S Corporation

Originating Lender Location Id

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

895322.16

Forgiveness Date

03/17/2021

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