PPP Loan information for Admo, inc.

$492,300

Admo, inc. was initially approved for PPP Loan of amount $492,300, the current approved amount is $492,300. The loan was approved on 04/04/2020 by The American Community Bank & Trust reported 42 jobs and $492,300 was used to fund payroll.

Admo, inc. is Existing or more than 2 years old

ADMO, INC.

Date Approved

04/04/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ADMO, INC.

Borrower Address

2550 DECADE CT

Borrower City

ELGIN

Borrower State

IL

Borrower Zip

60124-7823

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

492300.00

Current Approval Amount

492300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124396

Servicing Lender Name

American Community Bank & Trust

Servicing Lender Address

1290 Lake Ave

Servicing Lender City

WOODSTOCK

Servicing Lender State

IL

Servicing Lender Zip

60098-7415

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELGIN

Project County Name

KANE

Project State

IL

Project Zip

60124-7823

CD

IL-08

Jobs Reported

42

NAICS Code

326199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

492300.00

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

124396

Originating Lender

American Community Bank & Trust

Originating Lender City

WOODSTOCK

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

495759.78

Forgiveness Date

12/28/2020

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