Adams Remco INC

$1,237,300 PPP Loan in South Bend, Indiana

Loan Details

Loan Number
5725197005
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$1,237,300
Current Approval
$1,237,300
Forgiveness Amount
$1,247,439
Forgiveness Date
Feb 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Adams Remco INC
Address
2612 Foundation Drive
State
Indiana
ZIP Code
46628-4331
Business Type
Subchapter S Corporation
Industry (NAICS)
Real Estate and Rental and Leasing (532420)
Business Age
Existing or more than 2 years old
Jobs Reported
129
Estimated Revenue
$58.3M
Rural/Urban
Urban
Congressional District
IN-02

Loan Use Breakdown

Payroll
$1,102,810
Rent
$119,090
Utilities
$15,400

Lender Information

Servicing Lender
Lake City Bank
Originating Lender
Lake City Bank

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