PPP Loan information for Adams remco inc

$1,237,300

Adams remco inc was initially approved for PPP Loan of amount $1,237,300, the current approved amount is $1,237,300. The loan was approved on 04/06/2020 by The Lake City Bank reported 129 jobs and $1,237,300 was used to fund payroll.

Adams remco inc is Existing or more than 2 years old

PPP Loan Search / IN / SOUTH BEND / Adams remco inc

ADAMS REMCO INC

Date Approved

04/06/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

ADAMS REMCO INC

Borrower Address

2612 Foundation Drive

Borrower City

SOUTH BEND

Borrower State

IN

Borrower Zip

46628-4331

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1237300.00

Current Approval Amount

1237300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24432

Servicing Lender Name

Lake City Bank

Servicing Lender Address

202 E Center St

Servicing Lender City

WARSAW

Servicing Lender State

IN

Servicing Lender Zip

46580-2842

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOUTH BEND

Project County Name

ST JOSEPH

Project State

IN

Project Zip

46628-4331

CD

IN-02

Jobs Reported

129

NAICS Code

532420

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

15400.00

Payroll Proceed

1102810.00

Mortgage Interest Proceed

0.00

Rent Proceed

119090.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

24432

Originating Lender

Lake City Bank

Originating Lender City

WARSAW

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1247438.99

Forgiveness Date

02/05/2021

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