PPP Loan information for Adc communications & electrical, inc.

$195,555

Adc communications & electrical, inc. was initially approved for PPP Loan of amount $195,555, the current approved amount is $195,555. The loan was approved on 04/28/2020 by The Valley National Bank reported 14 jobs and $195,555 was used to fund payroll.

Adc communications & electrical, inc. is Existing or more than 2 years old

PPP Loan Search / NJ / Hackensack / Adc communications & electrical, inc.

ADC COMMUNICATIONS & ELECTRICAL, INC.

Date Approved

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ADC COMMUNICATIONS & ELECTRICAL, INC.

Borrower Address

497 Washington Ave

Borrower City

Hackensack

Borrower State

NJ

Borrower Zip

07601

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

195555.00

Current Approval Amount

195555.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hackensack

Project County Name

BERGEN

Project State

NJ

Project Zip

07601-0610

CD

NJ-05

Jobs Reported

14

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

195555.00

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

Subchapter S Corporation

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

197222.65

Forgiveness Date

03/10/2021

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