Date Approved
04/28/2020
SBA Office Code
0460
Processing Method
PPP
Borrower Name
ADLAM VENTURES INC
Borrower Address
2600 N CROATAN HWY
Borrower City
KILL DEVIL HILLS
Borrower State
NC
Borrower Zip
27948-8551
Loan Status Date
09/14/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
113260.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
73259
Servicing Lender Name
United Bank
Servicing Lender Address
11185 Fairfax Blvd
Servicing Lender City
FAIRFAX
Servicing Lender State
VA
Servicing Lender Zip
22030-5049
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
DARE
Project State
Project Zip
CD
NC-03
Jobs Reported
11
NAICS Code
531190
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
114735.53
Forgiveness Date
08/18/2021