PPP Loan information for Adco circuits, inc.

$1,320,600

Adco circuits, inc. was initially approved for PPP Loan of amount $1,320,600, the current approved amount is $1,320,600. The loan was approved on 04/29/2020 by The Comerica Bank reported 148 jobs and $1,320,600 was used to fund payroll.

Adco circuits, inc. is Existing or more than 2 years old

PPP Loan Search / MI / ROCHESTER HILLS / Adco circuits, inc.

ADCO CIRCUITS, INC.

Date Approved

04/29/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ADCO CIRCUITS, INC.

Borrower Address

2868 BOND ST

Borrower City

ROCHESTER HILLS

Borrower State

MI

Borrower Zip

48309-3514

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1320600.00

Current Approval Amount

1320600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ROCHESTER HILLS

Project County Name

OAKLAND

Project State

MI

Project Zip

48309-3514

CD

MI-10

Jobs Reported

148

NAICS Code

334418

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1056516.00

Mortgage Interest Proceed

264084.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1333219.07

Forgiveness Date

04/14/2021

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