PPP Loan information for Adams community economic development corporation

$16,460

Adams community economic development corporation was initially approved for PPP Loan of amount $16,460, the current approved amount is $16,460. The loan was approved on 05/05/2020 by The TS Bank reported 2 jobs and $16,460 was used to fund payroll.

Adams community economic development corporation is Existing or more than 2 years old

ADAMS COMMUNITY ECONOMIC DEVELOPMENT CORPORATION

Date Approved

05/05/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

ADAMS COMMUNITY ECONOMIC DEVELOPMENT CORPORATION

Borrower Address

701 DAVIS AVE

Borrower City

CORNING

Borrower State

IA

Borrower Zip

50841-1418

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

16460.00

Current Approval Amount

16460.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25541

Servicing Lender Name

TS Bank

Servicing Lender Address

15 E Main

Servicing Lender City

TREYNOR

Servicing Lender State

IA

Servicing Lender Zip

51575

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CORNING

Project County Name

ADAMS

Project State

IA

Project Zip

50841-1418

CD

IA-03

Jobs Reported

2

NAICS Code

925120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4115.00

Payroll Proceed

12345.00

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

25541

Originating Lender

TS Bank

Originating Lender City

TREYNOR

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

16562.88

Forgiveness Date

12/17/2020

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