PPP Loan information for Ad color, inc.

$360,000

Ad color, inc. was initially approved for PPP Loan of amount $360,000, the current approved amount is $360,000. The loan was approved on 04/07/2020 by The Central Bank & Trust Co. reported 38 jobs and $360,000 was used to fund payroll.

Ad color, inc. is Existing or more than 2 years old

AD COLOR, INC.

Date Approved

04/07/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

AD COLOR, INC.

Borrower Address

620 ADCOLOR DR

Borrower City

LEXINGTON

Borrower State

KY

Borrower Zip

40511-1844

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

360000.00

Current Approval Amount

360000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27196

Servicing Lender Name

Central Bank & Trust Co.

Servicing Lender Address

300 W Vine St

Servicing Lender City

LEXINGTON

Servicing Lender State

KY

Servicing Lender Zip

40507-1621

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LEXINGTON

Project County Name

FAYETTE

Project State

KY

Project Zip

40511-1844

CD

KY-06

Jobs Reported

38

NAICS Code

323111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

35000.00

Payroll Proceed

295000.00

Mortgage Interest Proceed

25000.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

27196

Originating Lender

Central Bank & Trust Co.

Originating Lender City

LEXINGTON

Originating Lender State

KY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

362860.00

Forgiveness Date

01/28/2021

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