ADAMS COMMUNICATIONS COMPANY LLC (MN) - 2020 PPP Loan Borrower Profile (# 8497268609)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ADAMS COMMUNICATIONS COMPANY LLC. 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
8497268609
SBA Office Code
0508
Processing Method
PPS
Curent Loan Amount
$2,000,000
Date Loan was Approved
Mar 25, 2021
Amount Forgiven
$2,012,712.33
Date Loan was Forgiven
Nov 24, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
1,999,997
Lender
Bremer Bank, National Association
Business Detail
Business Type
Limited Liability Company(LLC)
NAICS
511110
Borrower Location
Coon Rapids, MN
Project Location
Coon Rapids, MN
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
Yes
Jobs Reported
300
Business Age Description
Existing or more than 2 years old
Data Source: SBA.