PPP Loan information for Adaco excavating, llc

$70,628

Adaco excavating, llc was initially approved for PPP Loan of amount $70,627, the current approved amount is $70,628. The loan was approved on 04/12/2020 by The Horizon Bank reported 4 jobs and $70,628 was used to fund payroll.

Adaco excavating, llc is Existing or more than 2 years old

ADACO EXCAVATING, LLC

Date Approved

04/12/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

ADACO EXCAVATING, LLC

Borrower Address

4300 N 725 W

Borrower City

BARGERSVILLE

Borrower State

IN

Borrower Zip

46106

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

70627.00

Current Approval Amount

70628.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23955

Servicing Lender Name

Horizon Bank

Servicing Lender Address

515 Franklin Sq

Servicing Lender City

MICHIGAN CITY

Servicing Lender State

IN

Servicing Lender Zip

46360-3328

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BARGERSVILLE

Project County Name

JOHNSON

Project State

IN

Project Zip

46106-0011

CD

IN-04

Jobs Reported

4

NAICS Code

238910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

14126.00

Payroll Proceed

56502.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

71330.41

Forgiveness Date

04/14/2021

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