ADAB LLC (AZ) - 2020 PPP Loan Borrower Profile (# 4508087104)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADAB LLC. 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 Arizona.

Loan Detail

Loan Number

4508087104

SBA Office Code

0988

Processing Method

PPP

Curent Loan Amount

$183,300

Date Loan was Approved

Apr 13, 2020

Amount Forgiven

$184,506.73

Date Loan was Forgiven

Dec 9, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

1,300

Payroll Proced

177,000

Mortgage Interest Proceed

600

Rent Proceed

4,400

Lender

Alerus Financial, National Association

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

444130

Borrower Location

APACHE JUNCTION, AZ

Project Location

APACHE JUNCTION, AZ

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.