PPP Loan information for Adams electric, inc

$728,238

Adams electric, inc was initially approved for PPP Loan of amount $728,238, the current approved amount is $728,238. The loan was approved on 04/10/2020 by The Advia Credit Union reported 52 jobs and $728,238 was used to fund payroll.

Adams electric, inc is New Business or 2 years or less

PPP Loan Search / WI / Elkhorn / Adams electric, inc

ADAMS ELECTRIC, INC

Date Approved

04/10/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

ADAMS ELECTRIC, INC

Borrower Address

801 N Wisconsin St

Borrower City

Elkhorn

Borrower State

WI

Borrower Zip

53121-1138

Loan Status Date

04/16/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

728237.50

Current Approval Amount

728237.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99353

Servicing Lender Name

Advia Credit Union

Servicing Lender Address

6400 W Main St

Servicing Lender City

Kalamazoo

Servicing Lender State

MI

Servicing Lender Zip

49009

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Elkhorn

Project County Name

WALWORTH

Project State

WI

Project Zip

53121-1138

CD

WI-01

Jobs Reported

52

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

728237.50

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

99353

Originating Lender

Advia Credit Union

Originating Lender City

Kalamazoo

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

705731.22

Forgiveness Date

12/17/2021

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