Adept Machine Tools Inc.

$89,100 PPP Loan in Troutman, North Carolina

Loan Details

Loan Number
8039248606
Date Approved
Mar 24, 2021
Loan Status
Paid in Full
Initial Approval
$89,100
Current Approval
$89,100
Forgiveness Amount
$89,781
Forgiveness Date
Jan 3, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Adept Machine Tools Inc.
Address
152 Ostwalt Amity Rd
ZIP Code
28166-8793
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423420)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
NC-10

Loan Use Breakdown

Payroll
$89,098
Utilities
$1

Lender Information

Servicing Lender
First-Citizens Bank & Trust Company
Originating Lender
First-Citizens Bank & Trust Company

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