ADAM SMITH (IL) - 2020 PPP Loan Borrower Profile (# 1648827306)

Updated on April 18, 2025.

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

1648827306

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$11,369

Date Loan was Approved

Apr 28, 2020

Amount Forgiven

$11,436.28

Date Loan was Forgiven

Dec 17, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Mortgage Interest Proceed

11,369

Lender

Farm Credit Illinois, ACA

Business Detail

Business Type

Sole Proprietorship

NAICS

111150

Borrower Location

FLORA, IL

Project Location

FLORA, IL

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.