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Adams Automotive INC

$426,400 PPP Loan in Annapolis, Maryland

Loan Details

Loan Number
1026267103
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$426,400
Current Approval
$315,050
Forgiveness Amount
$317,535
Forgiveness Date
Jan 27, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Adams Automotive INC
Address
1797 West St
City
Annapolis
State
Maryland
ZIP Code
21401-3246
Business Type
Cooperative
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
51
Estimated Revenue
$12.9M
Rural/Urban
Urban
Congressional District
MD-03

Loan Use Breakdown

Payroll
$315,050

Lender Information

Servicing Lender
Truist Bank
Originating Lender
Truist Bank

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