PPP Loan information for Adapta

$206,663

Adapta was initially approved for PPP Loan of amount $214,663, the current approved amount is $206,663. The loan was approved on 04/14/2020 by The Home Federal Savings Bank reported 38 jobs and $206,663 was used to fund payroll.

Adapta is New Business or 2 years or less

ADAPTA

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ADAPTA

Borrower Address

2020 5th St SW

Borrower City

ROCHESTER

Borrower State

MN

Borrower Zip

55902

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

214662.50

Current Approval Amount

206663.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81242

Servicing Lender Name

Home Federal Savings Bank

Servicing Lender Address

1016 Civic Center Dr NW

Servicing Lender City

ROCHESTER

Servicing Lender State

MN

Servicing Lender Zip

55901-1881

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ROCHESTER

Project County Name

OLMSTED

Project State

MN

Project Zip

55902-0001

CD

MN-01

Jobs Reported

38

NAICS Code

623220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

206663.00

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

Non-Profit Organization

Originating Lender Location Id

81242

Originating Lender

Home Federal Savings Bank

Originating Lender City

ROCHESTER

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

208253.16

Forgiveness Date

01/20/2021

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