ADAMS FINANCIAL GROUP, INC. (IL) - 2020 PPP Loan Borrower Profile (# 1254977106)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADAMS FINANCIAL GROUP, 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 Illinois.

Loan Detail

Loan Number

1254977106

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$60,250

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$60,721.96

Date Loan was Forgiven

Jan 28, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

60,250

Lender

Prairie State Bank and Trust

Business Detail

Business Type

Subchapter S Corporation

NAICS

524210

Borrower Location

PONTIAC, IL

Project Location

PONTIAC, IL

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.