PPP Loan information for Adams repair inc

$55,000

Adams repair inc was initially approved for PPP Loan of amount $55,000, the current approved amount is $55,000. The loan was approved on 04/28/2020 by The IncredibleBank reported 10 jobs and $55,000 was used to fund payroll.

Adams repair inc is Existing or more than 2 years old

ADAMS REPAIR INC

Date Approved

04/28/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ADAMS REPAIR INC

Borrower Address

3911 W 159TH PL

Borrower City

MARKHAM

Borrower State

IL

Borrower Zip

60428

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55000.00

Current Approval Amount

55000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76755

Servicing Lender Name

IncredibleBank

Servicing Lender Address

327 N 17th Ave

Servicing Lender City

WAUSAU

Servicing Lender State

WI

Servicing Lender Zip

54401-4225

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MARKHAM

Project County Name

COOK

Project State

IL

Project Zip

60428-0001

CD

IL-02

Jobs Reported

10

NAICS Code

811111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

55000.00

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

76755

Originating Lender

IncredibleBank

Originating Lender City

WAUSAU

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

55381.23

Forgiveness Date

01/11/2021

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