Ads Foods, LLC

$3,267,500 PPP Loan in Houston, Texas

Loan Details

Loan Number
8862647009
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$3,267,500
Current Approval
$3,267,500
Forgiveness Amount
$3,304,741
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ads Foods, LLC
Address
17154 Butte Creek Rd
State
Texas
ZIP Code
77090-2238
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (722513)
Business Age
Existing or more than 2 years old
Jobs Reported
250
Estimated Revenue
$44.4M
Rural/Urban
Urban
Congressional District
TX-18

Loan Use Breakdown

Payroll
$2,450,625
Rent
$653,500
Utilities
$130,700
Mortgage Interest
$32,675

Lender Information

Servicing Lender
First United Bank and Trust Company
Originating Lender
First United Bank and Trust Company

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