PPP Loan information for Adep group, inc

$366,144

Adep group, inc was initially approved for PPP Loan of amount $366,144, the current approved amount is $366,144. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 35 jobs and $366,144 was used to fund payroll.

Adep group, inc is New Business or 2 years or less

ADEP GROUP, INC

Date Approved

05/01/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ADEP GROUP, INC

Borrower Address

1 Doyle St

Borrower City

Lawrence

Borrower State

MA

Borrower Zip

01841

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

366144.00

Current Approval Amount

366144.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Lawrence

Project County Name

ESSEX

Project State

MA

Project Zip

01841-0001

CD

MA-03

Jobs Reported

35

NAICS Code

561210

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

366144.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

368912.65

Forgiveness Date

02/05/2021

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