PPP Loan information for Ads foods, llc

$3,267,500

Ads foods, llc was initially approved for PPP Loan of amount $3,267,500, the current approved amount is $3,267,500. The loan was approved on 04/09/2020 by The First United Bank and Trust Company reported 250 jobs and $3,267,500 was used to fund payroll.

Ads foods, llc is Existing or more than 2 years old

PPP Loan Search / TX / HOUSTON / Ads foods, llc

ADS FOODS, LLC

Date Approved

04/09/2020

SBA Office Code

0671

Processing Method

PPP

Borrower Name

ADS FOODS, LLC

Borrower Address

17154 BUTTE CREEK RD

Borrower City

HOUSTON

Borrower State

TX

Borrower Zip

77090-2238

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3267500.00

Current Approval Amount

3267500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58899

Servicing Lender Name

First United Bank and Trust Company

Servicing Lender Address

1400 W Main St

Servicing Lender City

DURANT

Servicing Lender State

OK

Servicing Lender Zip

74701-4906

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOUSTON

Project County Name

HARRIS

Project State

TX

Project Zip

77090-2238

CD

TX-18

Jobs Reported

250

NAICS Code

722513

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

130700.00

Payroll Proceed

2450625.00

Mortgage Interest Proceed

32675.00

Rent Proceed

653500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

58899

Originating Lender

First United Bank and Trust Company

Originating Lender City

DURANT

Originating Lender State

OK

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

3304740.55

Forgiveness Date

06/11/2021

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