PPP Loan information for Adco distributors

$157,400

Adco distributors was initially approved for PPP Loan of amount $157,400, the current approved amount is $157,400. The loan was approved on 04/27/2020 by The Premier Bank reported 23 jobs and $157,400 was used to fund payroll.

Adco distributors is Existing or more than 2 years old

ADCO DISTRIBUTORS

Date Approved

04/27/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

ADCO DISTRIBUTORS

Borrower Address

221 CHERRY AVE

Borrower City

CANTON

Borrower State

OH

Borrower Zip

44702-1138

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

157400.00

Current Approval Amount

157400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84349

Servicing Lender Name

Premier Bank

Servicing Lender Address

275 W Federal St

Servicing Lender City

YOUNGSTOWN

Servicing Lender State

OH

Servicing Lender Zip

44503

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CANTON

Project County Name

STARK

Project State

OH

Project Zip

44702-1138

CD

OH-13

Jobs Reported

23

NAICS Code

424940

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

157400.00

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

84349

Originating Lender

Premier Bank

Originating Lender City

YOUNGSTOWN

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

158624.22

Forgiveness Date

02/04/2021

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