ADC ENGINEERING, INC. (SC) - 2020 PPP Loan Borrower Profile (# 9430197104)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADC ENGINEERING, 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 South Carolina.

Loan Detail

Loan Number

9430197104

SBA Office Code

0464

Processing Method

PPP

Curent Loan Amount

$887,300

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$895,322.16

Date Loan was Forgiven

Mar 17, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

887,300

Lender

First-Citizens Bank & Trust Company

Business Detail

Business Type

Subchapter S Corporation

NAICS

541330

Borrower Location

Hanahan, SC

Project Location

Hanahan, SC

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.