Ada Enterprises, INC

$276,500 PPP Loan in Northwood, Iowa

Loan Details

Loan Number
4889987008
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$276,500
Current Approval
$276,500
Forgiveness Amount
$278,589
Forgiveness Date
Jan 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ada Enterprises, INC
Address
305 Enterprise Dr
State
Iowa
ZIP Code
50459-1747
Business Type
Corporation
Industry (NAICS)
Manufacturing (332999)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$7.3M
Rural/Urban
Rural
Congressional District
IA-02

Loan Use Breakdown

Payroll
$221,200
Utilities
$40,300
Mortgage Interest
$15,000

Lender Information

Servicing Lender
Clear Lake Bank & Trust Company
Originating Lender
Clear Lake Bank & Trust Company

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