PPP Loan information for Ade auto sales co inc

$67,652

Ade auto sales co inc was initially approved for PPP Loan of amount $67,652, the current approved amount is $67,652. The loan was approved on 02/06/2021 by The Loan Source Incorporated reported 4 jobs and $67,652 was used to fund payroll.

Ade auto sales co inc is Existing or more than 2 years old

ADE AUTO SALES CO INC

Date Approved

02/06/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

ADE AUTO SALES CO INC

Borrower Address

852 862 BAYWAY AVE

Borrower City

ELIZABETH

Borrower State

NJ

Borrower Zip

07202

Loan Status Date

08/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

67652.00

Current Approval Amount

67652.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ELIZABETH

Project County Name

UNION

Project State

NJ

Project Zip

07202

CD

NJ-08

Jobs Reported

4

NAICS Code

811198

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

67646.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

68617.66

Forgiveness Date

07/25/2022

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