ADAMS AUTOMATIC, INC. (OH) - 2020 PPP Loan Borrower Profile (# 8262157708)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADAMS AUTOMATIC, 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 Ohio.

Loan Detail

Loan Number

8262157708

SBA Office Code

0549

Processing Method

PPP

Curent Loan Amount

$66,142

Date Loan was Approved

May 1, 2020

Amount Forgiven

$66,797.91

Date Loan was Forgiven

May 5, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

66,142

Lender

U.S. Bank, National Association

Business Detail

Business Type

Corporation

NAICS

332721

Borrower Location

OLMSTED FALLS, OH

Project Location

OLMSTED FALLS, OH

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.