ADAMS AND ADAMS, INC (MA) - 2020 PPP Loan Borrower Profile (# 9374217200)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ADAMS AND ADAMS, 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 Massachusetts.
Loan Detail
Loan Number
9374217200
SBA Office Code
0101
Processing Method
PPP
Curent Loan Amount
$32,639
Date Loan was Approved
Apr 28, 2020
Amount Forgiven
$24,733.12
Date Loan was Forgiven
Dec 14, 2021
Loan Status
Exemption 4
Loan Term
59 Months
Payroll Proced
32,639
Lender
Santander Bank, National Association
Business Detail
Business Type
Corporation
NAICS
713990
Borrower Location
New Bedford, MA
Project Location
New Bedford, MA
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
Yes
Jobs Reported
4
Business Age Description
Existing or more than 2 years old
Data Source: SBA.