ADCORP (AZ) - 2020 PPP Loan Borrower Profile (# 5281317100)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADCORP. 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

5281317100

SBA Office Code

0988

Processing Method

PPP

Curent Loan Amount

$712,800

Date Loan was Approved

Apr 13, 2020

Amount Forgiven

$720,957.6

Date Loan was Forgiven

Jun 8, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

712,800

Lender

FirstBank

Business Detail

Business Type

Subchapter S Corporation

NAICS

722513

Borrower Location

FOUNTAIN HILLS, AZ

Project Location

FOUNTAIN HILLS, AZ

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

170

Business Age Description

Existing or more than 2 years old

Data Source: SBA.