ADS DATA INC (IL) - 2020 PPP Loan Borrower Profile (# 7160607706)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADS DATA 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

7160607706

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$95,600

Date Loan was Approved

May 1, 2020

Amount Forgiven

$25,955.73

Date Loan was Forgiven

Aug 19, 2021

Loan Status

Exemption 4

Loan Term

59 Months

Payroll Proced

95,600

Lender

Citibank, N.A.

Business Detail

Business Type

Corporation

NAICS

541511

Borrower Location

Chicago, IL

Project Location

Chicago, 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.