PPP Loan information for Ad associates group inc.

$64,385

Ad associates group inc. was initially approved for PPP Loan of amount $64,385, the current approved amount is $64,385. The loan was approved on 02/13/2021 by The Mortgage Capital Development Corporation reported 4 jobs and $64,385 was used to fund payroll.

Ad associates group inc. is Existing or more than 2 years old

PPP Loan Search / CA / Berkeley / Ad associates group inc.

AD ASSOCIATES GROUP INC.

Date Approved

02/13/2021

SBA Office Code

0912

Processing Method

PPS

Borrower Name

AD ASSOCIATES GROUP INC.

Borrower Address

930 Carleton St

Borrower City

Berkeley

Borrower State

CA

Borrower Zip

94710-2637

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

64385.00

Current Approval Amount

64385.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188162

Servicing Lender Name

Mortgage Capital Development Corporation

Servicing Lender Address

1611 Telegraph Ave Suite 504

Servicing Lender City

Oakland

Servicing Lender State

CA

Servicing Lender Zip

94612

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Berkeley

Project County Name

ALAMEDA

Project State

CA

Project Zip

94710-2637

CD

CA-12

Jobs Reported

4

NAICS Code

541511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

64382.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

188162

Originating Lender

Mortgage Capital Development Corporation

Originating Lender City

Oakland

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

64702.52

Forgiveness Date

08/19/2021

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