ADAM BUILDERS SUPPLY, INC (MN) - 2020 PPP Loan Borrower Profile (# 3876657108)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADAM BUILDERS SUPPLY, 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 Minnesota.

Loan Detail

Loan Number

3876657108

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$29,600

Date Loan was Approved

Apr 12, 2020

Amount Forgiven

$29,741.11

Date Loan was Forgiven

Oct 9, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

5,886

Payroll Proced

23,714

Lender

United Farmers State Bank

Business Detail

Business Type

Corporation

NAICS

444190

Borrower Location

ADAMS, MN

Project Location

ADAMS, MN

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.