PPP Loan information for Adc inc

$227,100

Adc inc was initially approved for PPP Loan of amount $227,100, the current approved amount is $227,100. The loan was approved on 01/17/2021 by The CedarStone Bank reported 11 jobs and $227,100 was used to fund payroll.

Adc inc is Existing or more than 2 years old

PPP Loan Search / TN / Lebanon / Adc inc

ADC INC

Date Approved

01/17/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

ADC INC

Borrower Address

95 Dixie Ave

Borrower City

Lebanon

Borrower State

TN

Borrower Zip

37090-5357

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

227100.00

Current Approval Amount

227100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378043

Servicing Lender Name

CedarStone Bank

Servicing Lender Address

900 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

TN

Servicing Lender Zip

37087-3410

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lebanon

Project County Name

WILSON

Project State

TN

Project Zip

37090-5357

CD

TN-06

Jobs Reported

11

NAICS Code

324121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

227099.00

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

378043

Originating Lender

CedarStone Bank

Originating Lender City

LEBANON

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

228241.81

Forgiveness Date

07/23/2021

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