ADAIR ASSOCIATES, INC (IN) - 2020 PPP Loan Borrower Profile (# 6478617301)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ADAIR ASSOCIATES, 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 Indiana.
Loan Detail
Loan Number
6478617301
SBA Office Code
0562
Processing Method
PPP
Curent Loan Amount
$137,500
Date Loan was Approved
Apr 30, 2020
Amount Forgiven
$138,495.65
Date Loan was Forgiven
Jan 25, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
130,000
Health Care Proceed
7,500
Lender
JPMorgan Chase Bank, National Association
Business Detail
Business Type
Corporation
NAICS
621610
Borrower Location
CHESTERTON, IN
Project Location
CHESTERTON, IN
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
30
Business Age Description
Existing or more than 2 years old
Data Source: SBA.