PPP Loan information for Ads equipment inc

$55,877

Ads equipment inc was initially approved for PPP Loan of amount $55,877, the current approved amount is $55,877. The loan was approved on 02/10/2021 by The Bank of America, National Association reported 5 jobs and $55,877 was used to fund payroll.

Ads equipment inc is Existing or more than 2 years old

ADS EQUIPMENT INC

Date Approved

02/10/2021

SBA Office Code

1013

Processing Method

PPS

Borrower Name

ADS EQUIPMENT INC

Borrower Address

7875 Island Crest Way

Borrower City

Mercer Island

Borrower State

WA

Borrower Zip

98040-5755

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

55877.00

Current Approval Amount

55877.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mercer Island

Project County Name

KING

Project State

WA

Project Zip

98040-5755

CD

WA-09

Jobs Reported

5

NAICS Code

811212

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

55875.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

56175.52

Forgiveness Date

08/26/2021

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