PPP Loan information for Adams sales inc.

$10,000

Adams sales inc. was initially approved for PPP Loan of amount $10,000, the current approved amount is $10,000. The loan was approved on 04/16/2021 by The First Horizon Bank reported 1 jobs and $10,000 was used to fund payroll.

Adams sales inc. is Existing or more than 2 years old

ADAMS SALES INC.

Date Approved

04/16/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

ADAMS SALES INC.

Borrower Address

3757 Rock Bridge Dr NE

Borrower City

Conover

Borrower State

NC

Borrower Zip

28613-9401

Loan Status Date

01/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

10000.00

Current Approval Amount

10000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Conover

Project County Name

CATAWBA

Project State

NC

Project Zip

28613-9401

CD

NC-10

Jobs Reported

1

NAICS Code

424990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

10000.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

10066.67

Forgiveness Date

12/21/2021

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