PPP Loan information for Adel wholesalers, inc.

$359,900

Adel wholesalers, inc. was initially approved for PPP Loan of amount $359,900, the current approved amount is $359,900. The loan was approved on 04/06/2020 by The Quad City Bank and Trust Company reported 31 jobs and $359,900 was used to fund payroll.

Adel wholesalers, inc. is Existing or more than 2 years old

PPP Loan Search / IA / BETTENDORF / Adel wholesalers, inc.

ADEL WHOLESALERS, INC.

Date Approved

04/06/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

ADEL WHOLESALERS, INC.

Borrower Address

1101 State Street

Borrower City

BETTENDORF

Borrower State

IA

Borrower Zip

52722-4857

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

359900.00

Current Approval Amount

359900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

118885

Servicing Lender Name

Quad City Bank and Trust Company

Servicing Lender Address

2118 Middle Rd

Servicing Lender City

BETTENDORF

Servicing Lender State

IA

Servicing Lender Zip

52722-3209

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BETTENDORF

Project County Name

SCOTT

Project State

IA

Project Zip

52722-4857

CD

IA-01

Jobs Reported

31

NAICS Code

423910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

359900.00

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

Subchapter S Corporation

Originating Lender Location Id

118885

Originating Lender

Quad City Bank and Trust Company

Originating Lender City

BETTENDORF

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

362139.38

Forgiveness Date

12/02/2020

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