ADR CAPITAL MANAGEMENT INC. (NC) - 2020 PPP Loan Borrower Profile (# 7617358308)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADR CAPITAL MANAGEMENT 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 North Carolina.

Loan Detail

Loan Number

7617358308

SBA Office Code

0460

Processing Method

PPS

Curent Loan Amount

$249,077.88

Date Loan was Approved

Jan 28, 2021

Amount Forgiven

$250,897.53

Date Loan was Forgiven

Oct 27, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

249,072.88

Lender

LifeStore Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

721110

Borrower Location

Boone, NC

Project Location

Boone, NC

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.