ADAM & SON LLC (CO) - 2020 PPP Loan Borrower Profile (# 6218017106)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADAM & SON 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 Colorado.

Loan Detail

Loan Number

6218017106

SBA Office Code

0811

Processing Method

PPP

Curent Loan Amount

$122,224.55

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$123,487.54

Date Loan was Forgiven

Apr 28, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

10,224.55

Payroll Proced

92,000

Rent Proceed

20,000

Lender

TBK Bank, SSB

Business Detail

Business Type

Corporation

NAICS

441120

Borrower Location

COLORADO SPRINGS, CO

Project Location

COLORADO SPRINGS, CO

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.