ADFITECH INC (OK) - 2020 PPP Loan Borrower Profile (# 6580677010)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADFITECH 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
6580677010
SBA Office Code
0680
Processing Method
PPP
Curent Loan Amount
$1,815,200
Date Loan was Approved
Apr 7, 2020
Amount Forgiven
$1,832,257.91
Date Loan was Forgiven
Mar 18, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
153,800
Payroll Proced
1,361,400
Rent Proceed
300,000
Lender
SpiritBank

Business Detail

Business Type
Corporation
NAICS
522320
Borrower Location
EDMOND, OK
Project Location
EDMOND, OK
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
197
Business Age Description
Existing or more than 2 years old
Data Source: SBA.