PPP Loan information for Adco associates inc.

$53,200

Adco associates inc. was initially approved for PPP Loan of amount $53,200, the current approved amount is $53,200. The loan was approved on 01/20/2021 by The Mid Penn Bank reported 5 jobs and $53,200 was used to fund payroll.

Adco associates inc. is Existing or more than 2 years old

PPP Loan Search / PA / Ambler / Adco associates inc.

ADCO ASSOCIATES INC.

Date Approved

01/20/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

ADCO ASSOCIATES INC.

Borrower Address

126 S Bethlehem Pike

Borrower City

Ambler

Borrower State

PA

Borrower Zip

19002-5822

Loan Status Date

02/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

53200.00

Current Approval Amount

53200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

61087

Servicing Lender Name

Mid Penn Bank

Servicing Lender Address

349 Union St

Servicing Lender City

MILLERSBURG

Servicing Lender State

PA

Servicing Lender Zip

17061-1611

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ambler

Project County Name

MONTGOMERY

Project State

PA

Project Zip

19002-5822

CD

PA-04

Jobs Reported

5

NAICS Code

541870

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

53198.00

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

61087

Originating Lender

Mid Penn Bank

Originating Lender City

MILLERSBURG

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

53687.67

Forgiveness Date

12/23/2021

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