PPP Loan information for American drug center, inc.

$138,204

American drug center, inc. was initially approved for PPP Loan of amount $138,204, the current approved amount is $138,204. The loan was approved on 04/12/2020 by The Cross River Bank reported 27 jobs and $138,204 was used to fund payroll.

American drug center, inc. is Existing or more than 2 years old

AMERICAN DRUG CENTER, INC.

Date Approved

04/12/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

AMERICAN DRUG CENTER, INC.

Borrower Address

2322 E Little Creek Rd

Borrower City

Norfolk

Borrower State

VA

Borrower Zip

23518-3225

Loan Status Date

01/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

138204.00

Current Approval Amount

138204.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Norfolk

Project County Name

NORFOLK CITY

Project State

VA

Project Zip

23518-3225

CD

VA-03

Jobs Reported

27

NAICS Code

446199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

138204.00

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

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

139063.52

Forgiveness Date

12/04/2020

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