PPP Loan information for Aadco

$741,900

Aadco was initially approved for PPP Loan of amount $741,900, the current approved amount is $741,900. The loan was approved on 04/05/2020 by The Community National Bank reported 55 jobs and $741,900 was used to fund payroll.

Aadco is Existing or more than 2 years old

AADCO

Date Approved

04/05/2020

SBA Office Code

0150

Processing Method

PPP

Borrower Name

AADCO

Borrower Address

2279 VT Route 66

Borrower City

RANDOLPH

Borrower State

VT

Borrower Zip

05060

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

741900.00

Current Approval Amount

741900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72972

Servicing Lender Name

Community National Bank

Servicing Lender Address

4811 US Rte 5

Servicing Lender City

DERBY

Servicing Lender State

VT

Servicing Lender Zip

05829

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RANDOLPH

Project County Name

ORANGE

Project State

VT

Project Zip

05060-0001

CD

VT-

Jobs Reported

55

NAICS Code

423450

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

665900.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

76000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

72972

Originating Lender

Community National Bank

Originating Lender City

DERBY

Originating Lender State

VT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

748973.46

Forgiveness Date

03/25/2021

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