PPP Loan information for Adr capital management inc

$196,965

Adr capital management inc was initially approved for PPP Loan of amount $196,965, the current approved amount is $196,965. The loan was approved on 04/10/2020 by The LifeStore Bank reported 59 jobs and $196,965 was used to fund payroll.

Adr capital management inc is Existing or more than 2 years old

PPP Loan Search / NC / BOONE / Adr capital management inc

ADR CAPITAL MANAGEMENT INC

Date Approved

04/10/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ADR CAPITAL MANAGEMENT INC

Borrower Address

200 WINTERGREEN LN

Borrower City

BOONE

Borrower State

NC

Borrower Zip

28607-4670

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

196965.25

Current Approval Amount

196965.25

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

88741

Servicing Lender Name

LifeStore Bank

Servicing Lender Address

205 S Jefferson Ave

Servicing Lender City

WEST JEFFERSON

Servicing Lender State

NC

Servicing Lender Zip

28694-9737

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BOONE

Project County Name

WATAUGA

Project State

NC

Project Zip

28607-4670

CD

NC-05

Jobs Reported

59

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

19696.52

Payroll Proceed

157572.21

Mortgage Interest Proceed

19696.52

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

88741

Originating Lender

LifeStore Bank

Originating Lender City

WEST JEFFERSON

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

198519.09

Forgiveness Date

02/02/2021

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