PPP Loan information for Adacel systems inc

$770,289

Adacel systems inc was initially approved for PPP Loan of amount $770,289, the current approved amount is $770,289. The loan was approved on 04/02/2021 by The PNC Bank, National Association reported 86 jobs and $770,289 was used to fund payroll.

Adacel systems inc is Existing or more than 2 years old

PPP Loan Search / FL / Orlando / Adacel systems inc

ADACEL SYSTEMS INC

Date Approved

04/02/2021

SBA Office Code

0491

Processing Method

PPP

Borrower Name

ADACEL SYSTEMS INC

Borrower Address

9677 Tradeport Dr 9677 Tradeport Dr

Borrower City

Orlando

Borrower State

FL

Borrower Zip

32827-5318

Loan Status Date

04/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

770289.00

Current Approval Amount

770289.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Orlando

Project County Name

ORANGE

Project State

FL

Project Zip

32827-5318

CD

FL-09

Jobs Reported

86

NAICS Code

541512

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

770289.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

777285.79

Forgiveness Date

03/08/2022

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