ADEPT INNOVATIVES INC (MA) - 2020 PPP Loan Borrower Profile (# 2092288304)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADEPT INNOVATIVES 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

2092288304

SBA Office Code

0101

Processing Method

PPP

Curent Loan Amount

$39,225

Date Loan was Approved

Jan 20, 2021

Amount Forgiven

$39,371

Date Loan was Forgiven

Jun 14, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

39,224

Lender

Avidia Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

541690

Borrower Location

Ayer, MA

Project Location

Ayer, MA

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.