PPP Loan information for Adams development corporation

$144,909

Adams development corporation was initially approved for PPP Loan of amount $145,000, the current approved amount is $144,909. The loan was approved on 04/03/2020 by The VISIONBank reported 16 jobs and $144,909 was used to fund payroll.

Adams development corporation is Existing or more than 2 years old

ADAMS DEVELOPMENT CORPORATION

Date Approved

04/03/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

ADAMS DEVELOPMENT CORPORATION

Borrower Address

501 40TH ST S

Borrower City

FARGO

Borrower State

ND

Borrower Zip

58103-1123

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

145000.00

Current Approval Amount

144909.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

427971

Servicing Lender Name

VISIONBank

Servicing Lender Address

3000 25th St South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58103-5046

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FARGO

Project County Name

CASS

Project State

ND

Project Zip

58103-1123

CD

ND-

Jobs Reported

16

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

144909.00

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

427971

Originating Lender

VISIONBank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

145999.84

Forgiveness Date

01/07/2021

;