ADO INC. (TN) - 2020 PPP Loan Borrower Profile (# 1215997207)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADO 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 Tennessee.

Loan Detail

Loan Number

1215997207

SBA Office Code

0474

Processing Method

PPP

Curent Loan Amount

$115,400

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$116,291.58

Date Loan was Forgiven

Feb 16, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

115,400

Lender

Readycap Lending, LLC

Business Detail

Business Type

Sole Proprietorship

NAICS

621399

Borrower Location

Tazewell, TN

Project Location

Tazewell, TN

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.