ADA NISSAN INC. (OK) - 2020 PPP Loan Borrower Profile (# 6713547000)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADA NISSAN 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 Oklahoma.

Loan Detail

Loan Number

6713547000

SBA Office Code

0680

Processing Method

PPP

Curent Loan Amount

$372,007

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$374,442.88

Date Loan was Forgiven

Dec 10, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

37,200.7

Payroll Proced

334,806.3

Lender

First National Bank and Trust Company of Ardmore

Business Detail

Business Type

Subchapter S Corporation

NAICS

441110

Borrower Location

ADA, OK

Project Location

ADA, OK

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.