ADNET INC (VA) - 2020 PPP Loan Borrower Profile (# 1075738508)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADNET 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 Virginia.

Loan Detail

Loan Number
1075738508
SBA Office Code
0353
Processing Method
PPS
Curent Loan Amount
$241,557
Date Loan was Approved
Feb 18, 2021
Amount Forgiven
$176,263.62
Date Loan was Forgiven
Dec 28, 2023
Loan Status
Exemption 4
Loan Term
28 Months
Utilities Proced
1
Payroll Proced
241,550
Lender
PNC Bank, National Association

Business Detail

Business Type
Subchapter S Corporation
NAICS
541519
Borrower Location
McLean, VA
Project Location
McLean, VA
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
24
Business Age Description
Existing or more than 2 years old
Data Source: SBA.