PPP Loan information for Adelbrook inc.

$1,905,000

Adelbrook inc. was initially approved for PPP Loan of amount $1,905,000, the current approved amount is $1,905,000. The loan was approved on 03/24/2021 by The Liberty Bank reported 400 jobs and $1,905,000 was used to fund payroll.

Adelbrook inc. is Existing or more than 2 years old

ADELBROOK INC.

Date Approved

03/24/2021

SBA Office Code

0156

Processing Method

PPP

Borrower Name

ADELBROOK INC.

Borrower Address

600 Corporate Row

Borrower City

Cromwell

Borrower State

CT

Borrower Zip

06416-2065

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1905000.00

Current Approval Amount

1905000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16282

Servicing Lender Name

Liberty Bank

Servicing Lender Address

315 Main St

Servicing Lender City

MIDDLETOWN

Servicing Lender State

CT

Servicing Lender Zip

06457-3345

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cromwell

Project County Name

MIDDLESEX

Project State

CT

Project Zip

06416-2065

CD

CT-01

Jobs Reported

400

NAICS Code

611110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1904995.00

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

Non-Profit Organization

Originating Lender Location Id

16282

Originating Lender

Liberty Bank

Originating Lender City

MIDDLETOWN

Originating Lender State

CT

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

1922938.75

Forgiveness Date

03/01/2022

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