PPP Loan information for Ads transport, inc.

$85,000

Ads transport, inc. was initially approved for PPP Loan of amount $85,000, the current approved amount is $85,000. The loan was approved on 04/07/2020 by The Traditions Bank reported 9 jobs and $85,000 was used to fund payroll.

Ads transport, inc. is Existing or more than 2 years old

ADS TRANSPORT, INC.

Date Approved

04/07/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

ADS TRANSPORT, INC.

Borrower Address

2809 EVA RD

Borrower City

FALKVILLE

Borrower State

AL

Borrower Zip

35622-8314

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

85000.00

Current Approval Amount

85000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

328816

Servicing Lender Name

Traditions Bank

Servicing Lender Address

109 2nd Ave NW

Servicing Lender City

CULLMAN

Servicing Lender State

AL

Servicing Lender Zip

35055-3426

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FALKVILLE

Project County Name

MORGAN

Project State

AL

Project Zip

35622-8314

CD

AL-05

Jobs Reported

9

NAICS Code

484110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

78500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

6500.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

328816

Originating Lender

Traditions Bank

Originating Lender City

CULLMAN

Originating Lender State

AL

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

78394.33

Forgiveness Date

10/15/2020

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