PPP Loan information for Adr hydrocut inc

$54,300

Adr hydrocut inc was initially approved for PPP Loan of amount $54,300, the current approved amount is $54,300. The loan was approved on 05/06/2020 by The First-Citizens Bank & Trust Company reported 5 jobs and $54,300 was used to fund payroll.

Adr hydrocut inc is New Business or 2 years or less

ADR HYDROCUT INC

Date Approved

05/06/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ADR HYDROCUT INC

Borrower Address

125 INTERNATIONAL DR

Borrower City

MORRISVILLE

Borrower State

NC

Borrower Zip

27560-7390

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

54300.00

Current Approval Amount

54300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MORRISVILLE

Project County Name

WAKE

Project State

NC

Project Zip

27560-7390

CD

NC-02

Jobs Reported

5

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

54300.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

54770.10

Forgiveness Date

03/24/2021

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