PPP Loan information for Adao inc

$106,241

Adao inc was initially approved for PPP Loan of amount $106,241, the current approved amount is $106,241. The loan was approved on 05/11/2020 by The Rockland Trust Company reported 7 jobs and $106,241 was used to fund payroll.

Adao inc is Existing or more than 2 years old

ADAO INC

Date Approved

05/11/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ADAO INC

Borrower Address

528 ASHLEY BLVD

Borrower City

NEW BEDFORD

Borrower State

MA

Borrower Zip

02745

Loan Status Date

06/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

106241.22

Current Approval Amount

106241.22

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33263

Servicing Lender Name

Rockland Trust Company

Servicing Lender Address

288 Union St

Servicing Lender City

ROCKLAND

Servicing Lender State

MA

Servicing Lender Zip

02370-1803

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEW BEDFORD

Project County Name

BRISTOL

Project State

MA

Project Zip

02745-0001

CD

MA-09

Jobs Reported

7

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

106241.22

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

Subchapter S Corporation

Originating Lender Location Id

33263

Originating Lender

Rockland Trust Company

Originating Lender City

ROCKLAND

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

107330.19

Forgiveness Date

05/20/2021

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