ADS R US INC (IA) - 2020 PPP Loan Borrower Profile (# 1221038302)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADS R US 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 Iowa.

Loan Detail

Loan Number
1221038302
SBA Office Code
0761
Processing Method
PPS
Curent Loan Amount
$106,480
Date Loan was Approved
Jan 16, 2021
Amount Forgiven
$106,946.76
Date Loan was Forgiven
Jul 2, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
106,476
Lender
Earlham Savings Bank

Business Detail

Business Type
Corporation
NAICS
541810
Borrower Location
Des Moines, IA
Project Location
Des Moines, IA
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
4
Business Age Description
Existing or more than 2 years old
Data Source: SBA.