PPP Loan information for Adpec inc

$101,017

Adpec inc was initially approved for PPP Loan of amount $101,017, the current approved amount is $101,017. The loan was approved on 05/23/2020 by The Manufacturers and Traders Trust Company reported 8 jobs and $101,017 was used to fund payroll.

Adpec inc is Existing or more than 2 years old

ADPEC INC

Date Approved

05/23/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

ADPEC INC

Borrower Address

8 Windermere Court

Borrower City

Owings Mills

Borrower State

MD

Borrower Zip

21117

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

101017.00

Current Approval Amount

101017.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Owings Mills

Project County Name

BALTIMORE

Project State

MD

Project Zip

21117-0001

CD

MD-02

Jobs Reported

8

NAICS Code

446110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

500.00

Payroll Proceed

80000.00

Mortgage Interest Proceed

0.00

Rent Proceed

2000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

17017.00

Debt Interest Proceed

1500

Business Type

Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

101598.19

Forgiveness Date

12/28/2020

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