PPP Loan information for Adnet, inc.

$261,394

Adnet, inc. was initially approved for PPP Loan of amount $261,394, the current approved amount is $261,394. The loan was approved on 04/10/2020 by The Old Second National Bank reported 20 jobs and $261,394 was used to fund payroll.

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

PPP Loan Search / IL / ELGIN / Adnet, inc.

ADNET, INC.

Date Approved

04/10/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ADNET, INC.

Borrower Address

300 N McLean Blvd

Borrower City

ELGIN

Borrower State

IL

Borrower Zip

60123-3240

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

261394.00

Current Approval Amount

261394.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20282

Servicing Lender Name

Old Second National Bank

Servicing Lender Address

37 S River St

Servicing Lender City

AURORA

Servicing Lender State

IL

Servicing Lender Zip

60506-4173

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

60123-3240

CD

IL-08

Jobs Reported

20

NAICS Code

541512

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

261394.00

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

20282

Originating Lender

Old Second National Bank

Originating Lender City

AURORA

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

263383.50

Forgiveness Date

01/19/2021

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