PPP Loan information for Ada enterprises, inc

$276,500

Ada enterprises, inc was initially approved for PPP Loan of amount $276,500, the current approved amount is $276,500. The loan was approved on 04/04/2020 by The Clear Lake Bank & Trust Company reported 30 jobs and $276,500 was used to fund payroll.

Ada enterprises, inc is Existing or more than 2 years old

PPP Loan Search / IA / NORTHWOOD / Ada enterprises, inc

ADA ENTERPRISES, INC

Date Approved

04/04/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

ADA ENTERPRISES, INC

Borrower Address

305 ENTERPRISE DR

Borrower City

NORTHWOOD

Borrower State

IA

Borrower Zip

50459-1747

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

276500.00

Current Approval Amount

276500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24776

Servicing Lender Name

Clear Lake Bank & Trust Company

Servicing Lender Address

322 Main Ave

Servicing Lender City

CLEAR LAKE

Servicing Lender State

IA

Servicing Lender Zip

50428-1825

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTHWOOD

Project County Name

WORTH

Project State

IA

Project Zip

50459-1747

CD

IA-02

Jobs Reported

30

NAICS Code

332999

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

40300.00

Payroll Proceed

221200.00

Mortgage Interest Proceed

15000.00

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

24776

Originating Lender

Clear Lake Bank & Trust Company

Originating Lender City

CLEAR LAKE

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

278589.11

Forgiveness Date

01/12/2021

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