ADE INC (NJ) - 2020 PPP Loan Borrower Profile (# 7171387304)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADE 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 New Jersey.

Loan Detail

Loan Number

7171387304

SBA Office Code

0299

Processing Method

PPP

Curent Loan Amount

$181,927

Date Loan was Approved

Apr 30, 2020

Amount Forgiven

$183,661.54

Date Loan was Forgiven

Apr 15, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

181,927

Lender

Bank of America, National Association

Business Detail

Business Type

Corporation

NAICS

333415

Borrower Location

FORKED RIVER, NJ

Project Location

FORKED RIVER, NJ

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.