ADEP GROUP, INC (MA) - 2020 PPP Loan Borrower Profile (# 5787517708)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADEP GROUP, 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

5787517708

SBA Office Code

0101

Processing Method

PPP

Curent Loan Amount

$366,144

Date Loan was Approved

May 1, 2020

Amount Forgiven

$368,912.65

Date Loan was Forgiven

Feb 5, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

366,144

Lender

Bank of America, National Association

Business Detail

Business Type

Corporation

NAICS

561210

Borrower Location

Lawrence, MA

Project Location

Lawrence, MA

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.