ADAMS REPAIR INC (IL) - 2020 PPP Loan Borrower Profile (# 9476417202)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADAMS REPAIR 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

9476417202

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$55,000

Date Loan was Approved

Apr 28, 2020

Amount Forgiven

$55,381.23

Date Loan was Forgiven

Jan 11, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

55,000

Lender

IncredibleBank

Business Detail

Business Type

Corporation

NAICS

811111

Borrower Location

MARKHAM, IL

Project Location

MARKHAM, IL

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.