PPP Loan information for Adams remco inc

$1,388,232

Adams remco inc was initially approved for PPP Loan of amount $1,388,232, the current approved amount is $1,388,232. The loan was approved on 03/18/2021 by The Lake City Bank reported 120 jobs and $1,388,232 was used to fund payroll.

Adams remco inc is Existing or more than 2 years old

PPP Loan Search / IN / South Bend / Adams remco inc

ADAMS REMCO INC

Date Approved

03/18/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

ADAMS REMCO INC

Borrower Address

2612 Foundation Dr

Borrower City

South Bend

Borrower State

IN

Borrower Zip

46628-4331

Loan Status Date

07/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1388232.00

Current Approval Amount

1388232.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24432

Servicing Lender Name

Lake City Bank

Servicing Lender Address

202 E Center St

Servicing Lender City

WARSAW

Servicing Lender State

IN

Servicing Lender Zip

46580-2842

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

South Bend

Project County Name

ST JOSEPH

Project State

IN

Project Zip

46628-4331

CD

IN-02

Jobs Reported

120

NAICS Code

423420

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1388226.00

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

24432

Originating Lender

Lake City Bank

Originating Lender City

WARSAW

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1406086.21

Forgiveness Date

06/29/2022

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