PPP Loan information for Adebco inc.

$363,489

Adebco inc. was initially approved for PPP Loan of amount $363,489, the current approved amount is $363,489. The loan was approved on 02/02/2021 by The One Bank of Tennessee reported 42 jobs and $363,489 was used to fund payroll.

Adebco inc. is Existing or more than 2 years old

ADEBCO INC.

Date Approved

02/02/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

ADEBCO INC.

Borrower Address

1896 Clarkrange Monterey Hwy

Borrower City

Monterey

Borrower State

TN

Borrower Zip

38574-5023

Loan Status Date

05/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

363489.02

Current Approval Amount

363489.02

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68685

Servicing Lender Name

One Bank of Tennessee

Servicing Lender Address

140 S Jefferson

Servicing Lender City

COOKEVILLE

Servicing Lender State

TN

Servicing Lender Zip

38501-3425

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Monterey

Project County Name

FENTRESS

Project State

TN

Project Zip

38574-5023

CD

TN-06

Jobs Reported

42

NAICS Code

484110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

363487.02

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

68685

Originating Lender

One Bank of Tennessee

Originating Lender City

COOKEVILLE

Originating Lender State

TN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

367911.47

Forgiveness Date

04/25/2022

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