ADAMS ALUMINUM INC (LA) - 2020 PPP Loan Borrower Profile (# 2821007709)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ADAMS ALUMINUM 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 Louisiana.
Loan Detail
Loan Number
2821007709
SBA Office Code
0679
Processing Method
PPP
Curent Loan Amount
$139,520
Date Loan was Approved
May 1, 2020
Amount Forgiven
$140,796.14
Date Loan was Forgiven
Apr 5, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
4,000
Payroll Proced
112,000
Rent Proceed
14,500
Health Care Proceed
9,020
Lender
JPMorgan Chase Bank, National Association
Business Detail
Business Type
Sole Proprietorship
NAICS
238390
Borrower Location
MANDEVILLE, LA
Project Location
MANDEVILLE, LA
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.
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