ADAMS GENERAL CONTRACTING (IL) - 2020 PPP Loan Borrower Profile (# 8702587103)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADAMS GENERAL CONTRACTING. 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

8702587103

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$10,800

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$10,888.5

Date Loan was Forgiven

Feb 12, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

Payroll Proced

10,184

Mortgage Interest Proceed

385

Rent Proceed

158

Lender

Resource Bank, National Association

Business Detail

Business Type

Sole Proprietorship

NAICS

236118

Borrower Location

SUGAR GROVE, IL

Project Location

SUGAR GROVE, IL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.