PPP Loan information for American distributed computing corporation inc

$64,074

American distributed computing corporation inc was initially approved for PPP Loan of amount $64,074, the current approved amount is $64,074. The loan was approved on 05/01/2020 by The Square Capital, LLC reported 8 jobs and $64,074 was used to fund payroll.

American distributed computing corporation inc is Existing or more than 2 years old

AMERICAN DISTRIBUTED COMPUTING CORPORATION INC

Date Approved

05/01/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

AMERICAN DISTRIBUTED COMPUTING CORPORATION INC

Borrower Address

97 Adams Street

Borrower City

Dunstable

Borrower State

MA

Borrower Zip

01827

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

64074.17

Current Approval Amount

64074.17

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

529050

Servicing Lender Name

Square Capital, LLC

Servicing Lender Address

1455 Market Street, Suite 600

Servicing Lender City

San Francisco

Servicing Lender State

CA

Servicing Lender Zip

94103

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Dunstable

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01827-0001

CD

MA-03

Jobs Reported

8

NAICS Code

561990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8009.27

Payroll Proceed

48055.62

Mortgage Interest Proceed

8009.28

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

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

64713.16

Forgiveness Date

05/05/2021

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