PPP Loan information for Adc engineering incorporated

$887,375

Adc engineering incorporated was initially approved for PPP Loan of amount $887,375, the current approved amount is $887,375. The loan was approved on 01/28/2021 by The Pinnacle Bank reported 49 jobs and $887,375 was used to fund payroll.

Adc engineering incorporated is Existing or more than 2 years old

PPP Loan Search / SC / Hanahan / Adc engineering incorporated

ADC ENGINEERING INCORPORATED

Date Approved

01/28/2021

SBA Office Code

0464

Processing Method

PPS

Borrower Name

ADC ENGINEERING INCORPORATED

Borrower Address

1226 Yeamans Hall Rd

Borrower City

Hanahan

Borrower State

SC

Borrower Zip

29410-2796

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

887375.00

Current Approval Amount

887375.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hanahan

Project County Name

BERKELEY

Project State

SC

Project Zip

29410-2796

CD

SC-01

Jobs Reported

49

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

887373.00

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

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

894109.33

Forgiveness Date

11/03/2021

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