ADP FARMS INC (AR) - 2020 PPP Loan Borrower Profile (# 8062277203)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADP FARMS 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 Arkansas.

Loan Detail

Loan Number

8062277203

SBA Office Code

0669

Processing Method

PPP

Curent Loan Amount

$11,300

Date Loan was Approved

Apr 28, 2020

Amount Forgiven

$11,391.02

Date Loan was Forgiven

Feb 23, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

1,413

Payroll Proced

8,475

Rent Proceed

1,412

Lender

First National Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

111110

Borrower Location

PARAGOULD, AR

Project Location

PARAGOULD, AR

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.