PPP Loan information for Adagio teas, inc.

$309,970

Adagio teas, inc. was initially approved for PPP Loan of amount $309,970, the current approved amount is $309,970. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 59 jobs and $309,970 was used to fund payroll.

Adagio teas, inc. is Existing or more than 2 years old

PPP Loan Search / NJ / Elmwood Park / Adagio teas, inc.

ADAGIO TEAS, INC.

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ADAGIO TEAS, INC.

Borrower Address

170 Kipp Avenue

Borrower City

Elmwood Park

Borrower State

NJ

Borrower Zip

07407

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

309970.00

Current Approval Amount

309970.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Elmwood Park

Project County Name

BERGEN

Project State

NJ

Project Zip

07407-0001

CD

NJ-09

Jobs Reported

59

NAICS Code

311920

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

250000.00

Mortgage Interest Proceed

0.00

Rent Proceed

45000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

9970.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

311999.67

Forgiveness Date

12/21/2020

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