ADAMS WELL DRILLING INC (MI) - 2020 PPP Loan Borrower Profile (# 7596227700)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADAMS WELL DRILLING 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 Michigan.

Loan Detail

Loan Number

7596227700

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$189,000

Date Loan was Approved

May 1, 2020

Amount Forgiven

$190,722

Date Loan was Forgiven

Mar 31, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

189,000

Lender

PNC Bank, National Association

Business Detail

Business Type

Corporation

NAICS

237110

Borrower Location

HOWELL, MI

Project Location

HOWELL, MI

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Unanswered

Data Source: SBA.