PPP Loan information for Adcole llc

$1,568,730

Adcole llc was initially approved for PPP Loan of amount $1,568,730, the current approved amount is $1,568,730. The loan was approved on 04/08/2020 by The Cambridge Savings Bank reported 56 jobs and $1,568,730 was used to fund payroll.

Adcole llc is Existing or more than 2 years old

ADCOLE LLC

Date Approved

04/08/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ADCOLE LLC

Borrower Address

669 FOREST ST

Borrower City

MARLBOROUGH

Borrower State

MA

Borrower Zip

01752-3067

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1568730.00

Current Approval Amount

1568730.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32698

Servicing Lender Name

Cambridge Savings Bank

Servicing Lender Address

1374 Massachusetts Ave

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02138-3822

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARLBOROUGH

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01752-3067

CD

MA-03

Jobs Reported

56

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1568730.00

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

32698

Originating Lender

Cambridge Savings Bank

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1585792.62

Forgiveness Date

05/21/2021

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