PPP Loan information for Ada logistics corporation

$24,481

Ada logistics corporation was initially approved for PPP Loan of amount $24,481, the current approved amount is $24,481. The loan was approved on 04/06/2020 by The Mercantile Bank reported 4 jobs and $24,481 was used to fund payroll.

Ada logistics corporation is Existing or more than 2 years old

PPP Loan Search / MI / ADA / Ada logistics corporation

ADA LOGISTICS CORPORATION

Date Approved

04/06/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ADA LOGISTICS CORPORATION

Borrower Address

3065 HONEY CREEK AVE NE

Borrower City

ADA

Borrower State

MI

Borrower Zip

49301-9715

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

24481.20

Current Approval Amount

24481.20

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

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

49301-9715

CD

MI-03

Jobs Reported

4

NAICS Code

561110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

996.24

Payroll Proceed

19584.96

Mortgage Interest Proceed

0.00

Rent Proceed

1500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2400.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

24646.87

Forgiveness Date

12/17/2020

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