PPP Loan information for Adab llc

$183,300

Adab llc was initially approved for PPP Loan of amount $183,300, the current approved amount is $183,300. The loan was approved on 04/13/2020 by The Alerus Financial, National Association reported 16 jobs and $183,300 was used to fund payroll.

Adab llc is New Business or 2 years or less

ADAB LLC

Date Approved

04/13/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

ADAB LLC

Borrower Address

725 W APACHE TRAIL SUITE 3 B

Borrower City

APACHE JUNCTION

Borrower State

AZ

Borrower Zip

85120-3967

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

183300.00

Current Approval Amount

183300.00

Undisbursed Amount

0.00

Franchise Name

Ace Hardware

Servicing Lender Location Id

52795

Servicing Lender Name

Alerus Financial, National Association

Servicing Lender Address

401 DeMers Ave

Servicing Lender City

GRAND FORKS

Servicing Lender State

ND

Servicing Lender Zip

58201-4574

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

APACHE JUNCTION

Project County Name

PINAL

Project State

AZ

Project Zip

85120-3967

CD

AZ-05

Jobs Reported

16

NAICS Code

444130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1300.00

Payroll Proceed

177000.00

Mortgage Interest Proceed

600.00

Rent Proceed

4400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

52795

Originating Lender

Alerus Financial, National Association

Originating Lender City

GRAND FORKS

Originating Lender State

ND

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

184506.73

Forgiveness Date

12/09/2020

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