PPP Loan information for Adco companies, ltd.

$1,360,645

Adco companies, ltd. was initially approved for PPP Loan of amount $1,360,645, the current approved amount is $1,360,645. The loan was approved on 04/11/2020 by The SouthState Bank, National Association reported 74 jobs and $1,360,645 was used to fund payroll.

Adco companies, ltd. is Existing or more than 2 years old

ADCO COMPANIES, LTD.

Date Approved

04/11/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

ADCO COMPANIES, LTD.

Borrower Address

3657 Pine Lane

Borrower City

BESSEMER

Borrower State

AL

Borrower Zip

35022-5641

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1360645.00

Current Approval Amount

1360645.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117723

Servicing Lender Name

SouthState Bank, National Association

Servicing Lender Address

1101 First St South

Servicing Lender City

WINTER HAVEN

Servicing Lender State

FL

Servicing Lender Zip

33880-3908

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BESSEMER

Project County Name

JEFFERSON

Project State

AL

Project Zip

35022-5641

CD

AL-06

Jobs Reported

74

NAICS Code

423990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1360645.00

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

117723

Originating Lender

SouthState Bank, National Association

Originating Lender City

WINTER HAVEN

Originating Lender State

FL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1370471.88

Forgiveness Date

01/12/2021

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