ADAM MCMAHAN (IL) - 2020 PPP Loan Borrower Profile (# 5275328909)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADAM MCMAHAN. 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 Illinois.

Loan Detail

Loan Number

5275328909

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$20,833

Date Loan was Approved

Apr 29, 2021

Amount Forgiven

$20,955.71

Date Loan was Forgiven

Dec 7, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

20,831

Lender

Farm Credit Illinois, ACA

Business Detail

Business Type

Sole Proprietorship

NAICS

111191

Borrower Location

Wolf Lake, IL

Project Location

Wolf Lake, IL

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.