ADAMS ELECTRICAL CONTRACTORS INC. (NE) - 2020 PPP Loan Borrower Profile (# 8254867306)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADAMS ELECTRICAL CONTRACTORS 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 Nebraska.

Loan Detail

Loan Number

8254867306

SBA Office Code

0766

Processing Method

PPP

Curent Loan Amount

$7,800

Date Loan was Approved

May 1, 2020

Amount Forgiven

$7,873.67

Date Loan was Forgiven

Apr 8, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

7,800

Lender

First State Bank Nebraska

Business Detail

Business Type

Subchapter S Corporation

NAICS

238210

Borrower Location

Beatrice, NE

Project Location

Beatrice, NE

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.