PPP Loan information for Adep group, inc

$630,520

Adep group, inc was initially approved for PPP Loan of amount $630,520, the current approved amount is $630,520. The loan was approved on 02/04/2021 by The Bank of America, National Association reported 72 jobs and $630,520 was used to fund payroll.

Adep group, inc is Existing or more than 2 years old

ADEP GROUP, INC

Date Approved

02/04/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

ADEP GROUP, INC

Borrower Address

1 Doyle St

Borrower City

Lawrence

Borrower State

MA

Borrower Zip

01841-5014

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

630520.00

Current Approval Amount

630520.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lawrence

Project County Name

ESSEX

Project State

MA

Project Zip

01841-5014

CD

MA-03

Jobs Reported

72

NAICS Code

238990

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

630518.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

634700.43

Forgiveness Date

10/06/2021

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