AB ADEC LOGISTICS INC. (GA) - 2020 PPP Loan Borrower Profile (# 3906648506)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AB ADEC LOGISTICS INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Georgia.

Loan Detail

Loan Number
3906648506
SBA Office Code
0405
Processing Method
PPP
Curent Loan Amount
$266,690
Date Loan was Approved
Feb 24, 2021
Amount Forgiven
$
Date Loan was Forgiven
Loan Status
Charged Off
Loan Term
36 Months
Utilities Proced
1
Payroll Proced
266,685
Lender
Cross River Bank

Business Detail

Business Type
Corporation
NAICS
484110
Borrower Location
Grayson, GA
Project Location
Grayson, GA
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
18
Business Age Description
Existing or more than 2 years old
Data Source: SBA.