ADAMS INSULATION INC (KY) - 2020 PPP Loan Borrower Profile (# 2158257706)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADAMS INSULATION 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 Kentucky.

Loan Detail

Loan Number

2158257706

SBA Office Code

0457

Processing Method

PPP

Curent Loan Amount

$218,442

Date Loan was Approved

May 1, 2020

Amount Forgiven

$221,052.5

Date Loan was Forgiven

Jul 15, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

1,000

Payroll Proced

187,225

Rent Proceed

6,208

Health Care Proceed

24,009

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

238310

Borrower Location

LEXINGTON, KY

Project Location

LEXINGTON, KY

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.