PPP Loan information for Adaptive mobility equipment inc.

$111,300

Adaptive mobility equipment inc. was initially approved for PPP Loan of amount $120,500, the current approved amount is $111,300. The loan was approved on 04/08/2020 by The Salem Five Cents Savings Bank reported 8 jobs and $111,300 was used to fund payroll.

Adaptive mobility equipment inc. is Existing or more than 2 years old

ADAPTIVE MOBILITY EQUIPMENT INC.

Date Approved

04/08/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ADAPTIVE MOBILITY EQUIPMENT INC.

Borrower Address

1551 FALL RIVER AVE

Borrower City

SEEKONK

Borrower State

MA

Borrower Zip

02771-3710

Loan Status Date

03/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

120500.00

Current Approval Amount

111300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33304

Servicing Lender Name

Salem Five Cents Savings Bank

Servicing Lender Address

210 Essex St

Servicing Lender City

SALEM

Servicing Lender State

MA

Servicing Lender Zip

01970-3705

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SEEKONK

Project County Name

BRISTOL

Project State

MA

Project Zip

02771-3710

CD

MA-04

Jobs Reported

8

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

111300.00

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

33304

Originating Lender

Salem Five Cents Savings Bank

Originating Lender City

SALEM

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

112205.86

Forgiveness Date

02/09/2021

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