PPP Loan information for Ad resources, inc.

$175,300

Ad resources, inc. was initially approved for PPP Loan of amount $175,300, the current approved amount is $175,300. The loan was approved on 04/14/2020 by The First-Citizens Bank & Trust Company reported 14 jobs and $175,300 was used to fund payroll.

Ad resources, inc. is New Business or 2 years or less

AD RESOURCES, INC.

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

AD RESOURCES, INC.

Borrower Address

4306 Bennett Memorial Rd #D1

Borrower City

DURHAM

Borrower State

NC

Borrower Zip

27715

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

175300.00

Current Approval Amount

175300.00

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

DURHAM

Project County Name

DURHAM

Project State

NC

Project Zip

27715-0411

CD

NC-04

Jobs Reported

14

NAICS Code

323111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

175300.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

177730.19

Forgiveness Date

09/10/2021

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