PPP Loan information for Adora manufacuring inc.

$20,900

Adora manufacuring inc. was initially approved for PPP Loan of amount $20,900, the current approved amount is $20,900. The loan was approved on 05/27/2021 by The Mechanics & Farmers Bank reported 4 jobs and $20,900 was used to fund payroll.

Adora manufacuring inc. is Existing or more than 2 years old

ADORA MANUFACURING INC.

Date Approved

05/27/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

ADORA MANUFACURING INC.

Borrower Address

1245 Hickory Chapel Rd

Borrower City

High Point

Borrower State

NC

Borrower Zip

27260-7189

Loan Status Date

08/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20900.00

Current Approval Amount

20900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50708

Servicing Lender Name

Mechanics & Farmers Bank

Servicing Lender Address

2634 Durham-Chapel Hill Blvd

Servicing Lender City

DURHAM

Servicing Lender State

NC

Servicing Lender Zip

27707-2800

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

High Point

Project County Name

GUILFORD

Project State

NC

Project Zip

27260-7189

CD

NC-06

Jobs Reported

4

NAICS Code

325620

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

20900.00

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

50708

Originating Lender

Mechanics & Farmers Bank

Originating Lender City

DURHAM

Originating Lender State

NC

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

21136.48

Forgiveness Date

07/20/2022

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