PPP Loan information for Ads equity, llc

$195,339

Ads equity, llc was initially approved for PPP Loan of amount $195,339, the current approved amount is $195,339. The loan was approved on 02/12/2021 by The German American Bank reported 24 jobs and $195,339 was used to fund payroll.

Ads equity, llc is Existing or more than 2 years old

ADS EQUITY, LLC

Date Approved

02/12/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

ADS EQUITY, LLC

Borrower Address

2820 Merchant Mile

Borrower City

Columbus

Borrower State

IN

Borrower Zip

47201-1596

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

195338.50

Current Approval Amount

195338.50

Undisbursed Amount

0.00

Franchise Name

Fairfield by Marriott/Fairfield Inn & Suites by Marriott/Fairfield Inn by Marriott

Servicing Lender Location Id

23790

Servicing Lender Name

German American Bank

Servicing Lender Address

711 Main St

Servicing Lender City

JASPER

Servicing Lender State

IN

Servicing Lender Zip

47546-3042

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Columbus

Project County Name

BARTHOLOMEW

Project State

IN

Project Zip

47201-1596

CD

IN-06

Jobs Reported

24

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

195333.50

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

Limited Liability Company(LLC)

Originating Lender Location Id

23790

Originating Lender

German American Bank

Originating Lender City

JASPER

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

196462.37

Forgiveness Date

09/15/2021

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