ADELE ELECTRIC, INC (AL) - 2020 PPP Loan Borrower Profile (# 5509778004)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADELE ELECTRIC, INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Alabama.

Loan Detail

Loan Number

5509778004

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$17,165

Date Loan was Approved

Jun 28, 2020

Amount Forgiven

$17,422.71

Date Loan was Forgiven

Jan 3, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

17,165

Lender

Intuit Financing Inc.

Business Detail

Business Type

Subchapter S Corporation

NAICS

238990

Borrower Location

PHENIX CITY, AL

Project Location

PHENIX CITY, AL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Unanswered

Data Source: SBA.