PPP Loan information for Ads foods inc

$99,540

Ads foods inc was initially approved for PPP Loan of amount $99,540, the current approved amount is $99,540. The loan was approved on 01/27/2021 by The Manufacturers and Traders Trust Company reported 22 jobs and $99,540 was used to fund payroll.

Ads foods inc is Existing or more than 2 years old

PPP Loan Search / MD / Frederick / Ads foods inc

ADS FOODS INC

Date Approved

01/27/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

ADS FOODS INC

Borrower Address

2101 Twin Peaks Ct

Borrower City

Frederick

Borrower State

MD

Borrower Zip

21702-5916

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

99540.00

Current Approval Amount

99540.00

Undisbursed Amount

0.00

Franchise Name

Subway

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Frederick

Project County Name

FREDERICK

Project State

MD

Project Zip

21702-5916

CD

MD-06

Jobs Reported

22

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

99536.00

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

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

100284.50

Forgiveness Date

10/29/2021

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