PPP Loan information for Ada inc

$219,900

Ada inc was initially approved for PPP Loan of amount $219,900, the current approved amount is $219,900. The loan was approved on 04/03/2020 by The RiverWood Bank reported 42 jobs and $219,900 was used to fund payroll.

Ada inc is Existing or more than 2 years old

PPP Loan Search / MN / BRAINERD / Ada inc

ADA INC

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ADA INC

Borrower Address

3325 OAK ST

Borrower City

BRAINERD

Borrower State

MN

Borrower Zip

56401-3807

Loan Status Date

09/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

219900.00

Current Approval Amount

219900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78088

Servicing Lender Name

RiverWood Bank

Servicing Lender Address

14540 Dellwood Dr

Servicing Lender City

BAXTER

Servicing Lender State

MN

Servicing Lender Zip

56425-9744

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRAINERD

Project County Name

CROW WING

Project State

MN

Project Zip

56401-3807

CD

MN-08

Jobs Reported

42

NAICS Code

447110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

219900.00

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

78088

Originating Lender

RiverWood Bank

Originating Lender City

BAXTER

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

211216.19

Forgiveness Date

12/14/2020

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