ADDICTIONS RECOVERY CENTER, INC (OR) - 2020 PPP Loan Borrower Profile (# 6979127000)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADDICTIONS RECOVERY CENTER, 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 Oregon.

Loan Detail

Loan Number

6979127000

SBA Office Code

1086

Processing Method

PPP

Curent Loan Amount

$1,320,900

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$1,339,537.36

Date Loan was Forgiven

Sep 15, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

20,000

Payroll Proced

1,250,900

Mortgage Interest Proceed

50,000

Lender

Peoples Bank of Commerce

Business Detail

Business Type

Non-Profit Organization

NAICS

623220

Borrower Location

MEDFORD, OR

Project Location

MEDFORD, OR

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

125

Business Age Description

Existing or more than 2 years old

Data Source: SBA.