PPP Loan information for Ada corporation

$189,600

Ada corporation was initially approved for PPP Loan of amount $189,600, the current approved amount is $189,600. The loan was approved on 04/27/2020 by The Bank of Botetourt reported 19 jobs and $189,600 was used to fund payroll.

Ada corporation is Existing or more than 2 years old

PPP Loan Search / VA / NATURAL BRIDGE / Ada corporation

ADA CORPORATION

Date Approved

04/27/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

ADA CORPORATION

Borrower Address

349 Red Mill Rd

Borrower City

NATURAL BRIDGE

Borrower State

VA

Borrower Zip

24578

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

189600.00

Current Approval Amount

189600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73136

Servicing Lender Name

Bank of Botetourt

Servicing Lender Address

19747 Main St

Servicing Lender City

BUCHANAN

Servicing Lender State

VA

Servicing Lender Zip

24066

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NATURAL BRIDGE

Project County Name

ROCKBRIDGE

Project State

VA

Project Zip

24578-0001

CD

VA-06

Jobs Reported

19

NAICS Code

236116

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

151730.00

Mortgage Interest Proceed

37870.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

73136

Originating Lender

Bank of Botetourt

Originating Lender City

BUCHANAN

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

191316.93

Forgiveness Date

03/22/2021

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