PPP Loan information for Adco, inc.

$108,031

Adco, inc. was initially approved for PPP Loan of amount $108,031, the current approved amount is $108,031. The loan was approved on 04/29/2020 by The Community Financial Services Bank reported 13 jobs and $108,031 was used to fund payroll.

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

ADCO, INC.

Date Approved

04/29/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

ADCO, INC.

Borrower Address

8889 US HIGHWAY 62

Borrower City

CALVERT CITY

Borrower State

KY

Borrower Zip

42029-9221

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

108030.92

Current Approval Amount

108030.92

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

26808

Servicing Lender Name

Community Financial Services Bank

Servicing Lender Address

221 W 5th St

Servicing Lender City

BENTON

Servicing Lender State

KY

Servicing Lender Zip

42025-1135

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CALVERT CITY

Project County Name

MARSHALL

Project State

KY

Project Zip

42029-9221

CD

KY-01

Jobs Reported

13

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

13503.86

Payroll Proceed

81023.20

Mortgage Interest Proceed

13503.86

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

26808

Originating Lender

Community Financial Services Bank

Originating Lender City

BENTON

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

109558.15

Forgiveness Date

10/07/2021

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