PPP Loan information for Adsystech

$376,956

Adsystech was initially approved for PPP Loan of amount $376,956, the current approved amount is $376,956. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 20 jobs and $376,956 was used to fund payroll.

Adsystech is Existing or more than 2 years old

ADSYSTECH

Date Approved

05/01/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

ADSYSTECH

Borrower Address

11785 BELTSVILLE DRIVE SUITE 1350

Borrower City

BELTSVILLE

Borrower State

MD

Borrower Zip

20705

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

376956.00

Current Approval Amount

376956.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BELTSVILLE

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20705-1000

CD

MD-04

Jobs Reported

20

NAICS Code

541512

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

376956.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

380901.13

Forgiveness Date

05/25/2021

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