PPP Loan information for Frank adams jewelers inc

$234,800

Frank adams jewelers inc was initially approved for PPP Loan of amount $234,800, the current approved amount is $234,800. The loan was approved on 04/06/2020 by The Trustco Bank reported 18 jobs and $234,800 was used to fund payroll.

Frank adams jewelers inc is Existing or more than 2 years old

FRANK ADAMS JEWELERS INC

Date Approved

04/06/2020

SBA Office Code

0248

Processing Method

PPP

Borrower Name

FRANK ADAMS JEWELERS INC

Borrower Address

1475 Western Avenue

Borrower City

ALBANY

Borrower State

NY

Borrower Zip

12203-3500

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

234800.00

Current Approval Amount

234800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89116

Servicing Lender Name

Trustco Bank

Servicing Lender Address

1 Sarnowski Dr

Servicing Lender City

GLENVILLE

Servicing Lender State

NY

Servicing Lender Zip

12302-3503

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALBANY

Project County Name

ALBANY

Project State

NY

Project Zip

12203-3500

CD

NY-20

Jobs Reported

18

NAICS Code

448310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

23467.00

Payroll Proceed

187866.00

Mortgage Interest Proceed

23467.00

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

89116

Originating Lender

Trustco Bank

Originating Lender City

GLENVILLE

Originating Lender State

NY

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

236704.49

Forgiveness Date

02/02/2021

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