Adec, INC

$2,169,000 PPP Loan in Bristol, Indiana

Loan Details

Loan Number
8276617106
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$2,169,000
Current Approval
$2,000,000
Forgiveness Amount
$2,017,440
Forgiveness Date
May 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Adec, INC
Address
19670 State Road 120
State
Indiana
ZIP Code
46507
Business Type
Non-Profit Organization
Industry (NAICS)
Health Care and Social Assistance (623210)
Business Age
Existing or more than 2 years old
Jobs Reported
406
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
IN-02

Loan Use Breakdown

Payroll
$2,000,000

Lender Information

Servicing Lender
1st Source Bank
Originating Lender
1st Source Bank

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