PPP Loan information for Ardl, inc.

$425,000

Ardl, inc. was initially approved for PPP Loan of amount $425,000, the current approved amount is $425,000. The loan was approved on 04/03/2020 by The Community First Bank of the Heartland reported 40 jobs and $425,000 was used to fund payroll.

Ardl, inc. is Existing or more than 2 years old

ARDL, INC.

Date Approved

04/03/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ARDL, INC.

Borrower Address

400 AVIATION DR

Borrower City

MOUNT VERNON

Borrower State

IL

Borrower Zip

62864-6786

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

425000.00

Current Approval Amount

425000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22874

Servicing Lender Name

Community First Bank of the Heartland

Servicing Lender Address

117 N 10th St

Servicing Lender City

MOUNT VERNON

Servicing Lender State

IL

Servicing Lender Zip

62864-4018

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNT VERNON

Project County Name

JEFFERSON

Project State

IL

Project Zip

62864-6786

CD

IL-12

Jobs Reported

40

NAICS Code

541620

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

425000.00

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

22874

Originating Lender

Community First Bank of the Heartland

Originating Lender City

MOUNT VERNON

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

427632.64

Forgiveness Date

11/24/2020

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