ADAMANCE INC - AAA4736 (IN) - 2020 PPP Loan Borrower Profile (# 9700778403)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADAMANCE INC - AAA4736. 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
9700778403
SBA Office Code
0562
Processing Method
PPS
Curent Loan Amount
$127,111
Date Loan was Approved
Feb 17, 2021
Amount Forgiven
$127,797.05
Date Loan was Forgiven
Sep 7, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
127,109
Lender
Busey Bank

Business Detail

Business Type
Subchapter S Corporation
NAICS
488991
Borrower Location
Indianapolis, IN
Project Location
Indianapolis, IN
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
11
Business Age Description
Existing or more than 2 years old
Data Source: SBA.