PPP Loan information for A.d. food service, inc.

$709,172

A.d. food service, inc. was initially approved for PPP Loan of amount $709,172, the current approved amount is $709,172. The loan was approved on 04/08/2020 by The Frankenmuth CU reported 248 jobs and $709,172 was used to fund payroll.

A.d. food service, inc. is Existing or more than 2 years old

A.D. FOOD SERVICE, INC.

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

A.D. FOOD SERVICE, INC.

Borrower Address

495 FRANKLIN ST

Borrower City

FRANKENMUTH

Borrower State

MI

Borrower Zip

48734-1153

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

709172.00

Current Approval Amount

709172.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98960

Servicing Lender Name

Frankenmuth CU

Servicing Lender Address

580 N Main St

Servicing Lender City

FRANKENMUTH

Servicing Lender State

MI

Servicing Lender Zip

48734-1118

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FRANKENMUTH

Project County Name

SAGINAW

Project State

MI

Project Zip

48734-1153

CD

MI-04

Jobs Reported

248

NAICS Code

624210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

42172.00

Payroll Proceed

567000.00

Mortgage Interest Proceed

0.00

Rent Proceed

50000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

50000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

98960

Originating Lender

Frankenmuth CU

Originating Lender City

FRANKENMUTH

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

713057.87

Forgiveness Date

11/03/2020

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