PPP Loan information for Adstract promotions, inc.

$57,198

Adstract promotions, inc. was initially approved for PPP Loan of amount $57,198, the current approved amount is $57,198. The loan was approved on 04/16/2020 by The First Horizon Bank reported 6 jobs and $57,198 was used to fund payroll.

Adstract promotions, inc. is Existing or more than 2 years old

ADSTRACT PROMOTIONS, INC.

Date Approved

04/16/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ADSTRACT PROMOTIONS, INC.

Borrower Address

108 CORUM ST

Borrower City

KERNERSVILLE

Borrower State

NC

Borrower Zip

27284

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

57197.50

Current Approval Amount

57197.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KERNERSVILLE

Project County Name

FORSYTH

Project State

NC

Project Zip

27284-0022

CD

NC-06

Jobs Reported

6

NAICS Code

541690

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

57197.50

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

57882.28

Forgiveness Date

07/02/2021

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