ADAM WALTER (IL) - 2020 PPP Loan Borrower Profile (# 9504327807)

Updated on April 18, 2025.

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

9504327807

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$20,832.5

Date Loan was Approved

Jun 8, 2020

Amount Forgiven

$20,939.23

Date Loan was Forgiven

Dec 22, 2020

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

2,500

Payroll Proced

15,385

Mortgage Interest Proceed

1,847.5

Debt Interest Proceed

1,100

Lender

First State Bank

Business Detail

Business Type

Sole Proprietorship

NAICS

111191

Borrower Location

GRAND RIDGE, IL

Project Location

GRAND RIDGE, 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.