PPP Loan information for America drives corporation

$125,047

America drives corporation was initially approved for PPP Loan of amount $125,047, the current approved amount is $125,047. The loan was approved on 04/15/2020 by The The Old Fort Banking Company reported 6 jobs and $125,047 was used to fund payroll.

America drives corporation is Existing or more than 2 years old

AMERICA DRIVES CORPORATION

Date Approved

04/15/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

AMERICA DRIVES CORPORATION

Borrower Address

1600 N COUNTYLINE ST

Borrower City

FOSTORIA

Borrower State

OH

Borrower Zip

44830-1938

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

125047.00

Current Approval Amount

125047.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57998

Servicing Lender Name

The Old Fort Banking Company

Servicing Lender Address

8034 Main St

Servicing Lender City

OLD FORT

Servicing Lender State

OH

Servicing Lender Zip

44861

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FOSTORIA

Project County Name

SENECA

Project State

OH

Project Zip

44830-1938

CD

OH-05

Jobs Reported

6

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

12504.70

Payroll Proceed

100037.60

Mortgage Interest Proceed

0.00

Rent Proceed

12504.70

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

57998

Originating Lender

The Old Fort Banking Company

Originating Lender City

OLD FORT

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

126717.77

Forgiveness Date

08/19/2021

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