PPP Loan information for Ads federal, inc.

$1,140,000

Ads federal, inc. was initially approved for PPP Loan of amount $1,140,000, the current approved amount is $1,140,000. The loan was approved on 04/06/2020 by The Live Oak Banking Company reported 55 jobs and $1,140,000 was used to fund payroll.

Ads federal, inc. is Existing or more than 2 years old

PPP Loan Search / VA / Arlington / Ads federal, inc.

ADS FEDERAL, INC.

Date Approved

04/06/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

ADS FEDERAL, INC.

Borrower Address

4401 N Fairfax Drive Suite 321

Borrower City

Arlington

Borrower State

VA

Borrower Zip

22203

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1140000.00

Current Approval Amount

1140000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

455644

Servicing Lender Name

Live Oak Banking Company

Servicing Lender Address

1741 Tiburon Dr

Servicing Lender City

WILMINGTON

Servicing Lender State

NC

Servicing Lender Zip

28403-6244

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Arlington

Project County Name

ARLINGTON

Project State

VA

Project Zip

22203-0001

CD

VA-08

Jobs Reported

55

NAICS Code

541519

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1140000.00

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

455644

Originating Lender

Live Oak Banking Company

Originating Lender City

WILMINGTON

Originating Lender State

NC

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

1148557.81

Forgiveness Date

01/07/2021

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