PPP Loan information for Adamson industries corp

$355,300

Adamson industries corp was initially approved for PPP Loan of amount $355,300, the current approved amount is $355,300. The loan was approved on 04/15/2020 by The Enterprise Bank and Trust Company reported 30 jobs and $355,300 was used to fund payroll.

Adamson industries corp is Existing or more than 2 years old

ADAMSON INDUSTRIES CORP

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ADAMSON INDUSTRIES CORP

Borrower Address

45 RESEARCH DR

Borrower City

HAVERHILL

Borrower State

MA

Borrower Zip

01832-1293

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

355300.00

Current Approval Amount

355300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112598

Servicing Lender Name

Enterprise Bank and Trust Company

Servicing Lender Address

222 Merrimack St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-5913

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HAVERHILL

Project County Name

ESSEX

Project State

MA

Project Zip

01832-1293

CD

MA-03

Jobs Reported

30

NAICS Code

811118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

15000.00

Payroll Proceed

240000.00

Mortgage Interest Proceed

0.00

Rent Proceed

50300.00

Refinance EIDL Proceed

0.00

Health Care Proceed

50000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

112598

Originating Lender

Enterprise Bank and Trust Company

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

358033.84

Forgiveness Date

01/26/2021

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