PPP Loan information for Adams inc

$70,035

Adams inc was initially approved for PPP Loan of amount $70,100, the current approved amount is $70,035. The loan was approved on 04/04/2020 by The VISIONBank reported 5 jobs and $70,035 was used to fund payroll.

Adams inc is Existing or more than 2 years old

ADAMS INC

Date Approved

04/04/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

ADAMS INC

Borrower Address

2131 16TH ST N

Borrower City

FARGO

Borrower State

ND

Borrower Zip

58102-1834

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

70100.00

Current Approval Amount

70035.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

427971

Servicing Lender Name

VISIONBank

Servicing Lender Address

3000 25th St South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58103-5046

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FARGO

Project County Name

CASS

Project State

ND

Project Zip

58102-1834

CD

ND-

Jobs Reported

5

NAICS Code

493110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4920.00

Payroll Proceed

56080.00

Mortgage Interest Proceed

0.00

Rent Proceed

9035.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

427971

Originating Lender

VISIONBank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

70499.95

Forgiveness Date

12/09/2020

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