PPP Loan information for Ada marketing inc

$365,800

Ada marketing inc was initially approved for PPP Loan of amount $365,800, the current approved amount is $365,800. The loan was approved on 04/05/2020 by The The Fidelity Bank reported 33 jobs and $365,800 was used to fund payroll.

Ada marketing inc is Existing or more than 2 years old

ADA MARKETING INC

Date Approved

04/05/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ADA MARKETING INC

Borrower Address

200 LAKE LAUREL DR

Borrower City

FUQUAY VARINA

Borrower State

NC

Borrower Zip

27526-6499

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

365800.00

Current Approval Amount

365800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50761

Servicing Lender Name

The Fidelity Bank

Servicing Lender Address

100 S Main St

Servicing Lender City

FUQUAY VARINA

Servicing Lender State

NC

Servicing Lender Zip

27526-2221

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FUQUAY VARINA

Project County Name

WAKE

Project State

NC

Project Zip

27526-6499

CD

NC-13

Jobs Reported

33

NAICS Code

325611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

365800.00

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

50761

Originating Lender

The Fidelity Bank

Originating Lender City

FUQUAY VARINA

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

368258.99

Forgiveness Date

12/09/2020

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