ADAMS INSURANCE SERVICES INC (NC) - 2020 PPP Loan Borrower Profile (# 5994857109)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADAMS INSURANCE SERVICES 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 North Carolina.

Loan Detail

Loan Number

5994857109

SBA Office Code

0460

Processing Method

PPP

Curent Loan Amount

$10,400

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$10,460.09

Date Loan was Forgiven

Nov 17, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

10,400

Lender

Southern Bank and Trust Company

Business Detail

Business Type

Subchapter S Corporation

NAICS

524210

Borrower Location

BETHEL, NC

Project Location

BETHEL, NC

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.