American Debt Relief, LLC

$768,000 PPP Loan in Plano, Texas

Loan Details

Loan Number
5411297106
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$768,000
Current Approval
$768,000
Forgiveness Amount
$774,923
Forgiveness Date
Mar 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
American Debt Relief, LLC
Address
6860 Dallas Pkwy Ste 200
City
Plano
State
Texas
ZIP Code
75024-0018
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Other Services (except Public Administration) (812990)
Business Age
Existing or more than 2 years old
Jobs Reported
51
Estimated Revenue
$9.7M
Rural/Urban
Urban
Congressional District
TX-04

Loan Use Breakdown

Payroll
$576,000
Rent
$115,200
Utilities
$76,800

Lender Information

Servicing Lender
Southern Bancorp Bank
Originating Lender
Southern Bancorp Bank

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