PPP Loan information for Ada homes inc

$206,295

Ada homes inc was initially approved for PPP Loan of amount $206,295, the current approved amount is $206,295. The loan was approved on 05/04/2020 by The Bank of America, National Association reported 43 jobs and $206,295 was used to fund payroll.

Ada homes inc is Existing or more than 2 years old

PPP Loan Search / MI / SOUTHFIELD / Ada homes inc

ADA HOMES INC

Date Approved

05/04/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ADA HOMES INC

Borrower Address

23999 NORTHWESTERN HWY STE 200

Borrower City

SOUTHFIELD

Borrower State

MI

Borrower Zip

48075-2578

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

206295.00

Current Approval Amount

206295.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOUTHFIELD

Project County Name

OAKLAND

Project State

MI

Project Zip

48075-2578

CD

MI-12

Jobs Reported

43

NAICS Code

531190

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

206295.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

208425.77

Forgiveness Date

05/20/2021

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