PPP Loan information for Ade foods llc

$396,202

Ade foods llc was initially approved for PPP Loan of amount $396,202, the current approved amount is $396,202. The loan was approved on 02/17/2021 by The Forcht Bank, National Association reported 90 jobs and $396,202 was used to fund payroll.

Ade foods llc is Existing or more than 2 years old

ADE FOODS LLC

Date Approved

02/17/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

ADE FOODS LLC

Borrower Address

792 Highway 160 S

Borrower City

Hindman

Borrower State

KY

Borrower Zip

41822-9033

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

396202.24

Current Approval Amount

396202.24

Undisbursed Amount

0.00

Franchise Name

Subway

Servicing Lender Location Id

282649

Servicing Lender Name

Forcht Bank, National Association

Servicing Lender Address

2404 Sir Barton Way

Servicing Lender City

LEXINGTON

Servicing Lender State

KY

Servicing Lender Zip

40509-2267

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hindman

Project County Name

KNOTT

Project State

KY

Project Zip

41822-9033

CD

KY-05

Jobs Reported

90

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

396199.24

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

Limited Liability Company(LLC)

Originating Lender Location Id

282649

Originating Lender

Forcht Bank, National Association

Originating Lender City

LEXINGTON

Originating Lender State

KY

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

397886.10

Forgiveness Date

07/22/2021

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