PPP Loan information for Ada insurance center inc.

$124,700

Ada insurance center inc. was initially approved for PPP Loan of amount $124,700, the current approved amount is $124,700. The loan was approved on 04/14/2020 by The Old National Bank reported 11 jobs and $124,700 was used to fund payroll.

Ada insurance center inc. is Existing or more than 2 years old

PPP Loan Search / MI / ADA / Ada insurance center inc.

ADA INSURANCE CENTER INC.

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ADA INSURANCE CENTER INC.

Borrower Address

7275 BRONSON ST SE

Borrower City

ADA

Borrower State

MI

Borrower Zip

49301-9032

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

124700.00

Current Approval Amount

124700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ADA

Project County Name

KENT

Project State

MI

Project Zip

49301-9032

CD

MI-03

Jobs Reported

11

NAICS Code

524126

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

124700.00

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

Subchapter S Corporation

Originating Lender Location Id

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

125342.29

Forgiveness Date

11/03/2020

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