PPP Loan information for Ad confections

$86,500

Ad confections was initially approved for PPP Loan of amount $86,500, the current approved amount is $86,500. The loan was approved on 04/08/2020 by The The Bank of Magnolia Company reported 30 jobs and $86,500 was used to fund payroll.

Ad confections is Existing or more than 2 years old

AD CONFECTIONS

Date Approved

04/08/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

AD CONFECTIONS

Borrower Address

116 30th St SW

Borrower City

Canton

Borrower State

OH

Borrower Zip

44706-3028

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

86500.00

Current Approval Amount

86500.00

Undisbursed Amount

0.00

Franchise Name

DQ Grill & Chill Operating Agreement (America Dairy Queen)

Servicing Lender Location Id

57711

Servicing Lender Name

The Bank of Magnolia Company

Servicing Lender Address

122 N Main St

Servicing Lender City

MAGNOLIA

Servicing Lender State

OH

Servicing Lender Zip

44643-9216

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Canton

Project County Name

STARK

Project State

OH

Project Zip

44706-3028

CD

OH-06

Jobs Reported

30

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

80000.00

Mortgage Interest Proceed

0.00

Rent Proceed

6500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

57711

Originating Lender

The Bank of Magnolia Company

Originating Lender City

MAGNOLIA

Originating Lender State

OH

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

87149.34

Forgiveness Date

01/08/2021

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