Adams Electric Company

$4,285,900 PPP Loan in Greensboro, North Carolina

Loan Details

Loan Number
9249527004
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$4,285,900
Current Approval
$4,285,900
Forgiveness Amount
$4,345,426
Forgiveness Date
Aug 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Adams Electric Company
Address
401 N. Elm St
ZIP Code
27401-2112
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
325
Estimated Revenue
$106.9M
Rural/Urban
Urban
Congressional District
NC-06

Loan Use Breakdown

Payroll
$4,285,900

Lender Information

Servicing Lender
First Bank
Originating Lender
First Bank

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