ADAMA RESTAURANT INC. (MN) - 2020 PPP Loan Borrower Profile (# 4951948506)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADAMA RESTAURANT 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

4951948506

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$7,600

Date Loan was Approved

Feb 26, 2021

Amount Forgiven

$7,663.54

Date Loan was Forgiven

Dec 28, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

7,599

Lender

21st Century Bank

Business Detail

Business Type

Corporation

NAICS

722511

Borrower Location

Columbia Heights, MN

Project Location

Columbia Heights, MN

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.