PPP Loan information for Adapt concepts llc

$557,000

Adapt concepts llc was initially approved for PPP Loan of amount $557,000, the current approved amount is $557,000. The loan was approved on 04/04/2020 by The b1BANK reported 40 jobs and $557,000 was used to fund payroll.

Adapt concepts llc is Existing or more than 2 years old

ADAPT CONCEPTS LLC

Date Approved

04/04/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

ADAPT CONCEPTS LLC

Borrower Address

209 MARCON DR

Borrower City

LAFAYETTE

Borrower State

LA

Borrower Zip

70507-6210

Loan Status Date

04/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

557000.00

Current Approval Amount

557000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

437878

Servicing Lender Name

b1BANK

Servicing Lender Address

500 Laurel St, Ste 101

Servicing Lender City

BATON ROUGE

Servicing Lender State

LA

Servicing Lender Zip

70801-1811

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LAFAYETTE

Project County Name

LAFAYETTE

Project State

LA

Project Zip

70507-6210

CD

LA-03

Jobs Reported

40

NAICS Code

541990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

404000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

153000.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

437878

Originating Lender

b1BANK

Originating Lender City

BATON ROUGE

Originating Lender State

LA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

562399.81

Forgiveness Date

03/30/2021

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