ADAPT TECHNOLOGIES INC (MI) - 2020 PPP Loan Borrower Profile (# 1567898408)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADAPT TECHNOLOGIES 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

1567898408

SBA Office Code

0515

Processing Method

PPS

Curent Loan Amount

$29,435

Date Loan was Approved

Feb 2, 2021

Amount Forgiven

$29,547.09

Date Loan was Forgiven

Jun 25, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

29,435

Lender

Sturgis Bank & Trust Company

Business Detail

Business Type

Corporation

NAICS

423450

Borrower Location

South Haven, MI

Project Location

South Haven, MI

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.