ADACO EXCAVATING, LLC (IN) - 2020 PPP Loan Borrower Profile (# 3767597104)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADACO EXCAVATING, LLC. 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 Indiana.

Loan Detail

Loan Number

3767597104

SBA Office Code

0562

Processing Method

PPP

Curent Loan Amount

$70,628

Date Loan was Approved

Apr 12, 2020

Amount Forgiven

$71,330.41

Date Loan was Forgiven

Apr 14, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

14,126

Payroll Proced

56,502

Lender

Horizon Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

238910

Borrower Location

BARGERSVILLE, IN

Project Location

BARGERSVILLE, IN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.