ADAMATIC. INC (UT) - 2020 PPP Loan Borrower Profile (# 1271737705)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADAMATIC. 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 Utah.

Loan Detail

Loan Number

1271737705

SBA Office Code

0883

Processing Method

PPP

Curent Loan Amount

$49,812

Date Loan was Approved

May 1, 2020

Amount Forgiven

$50,391.01

Date Loan was Forgiven

Jul 6, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,134

Payroll Proced

39,849

Rent Proceed

2,980

Debt Interest Proceed

4,849

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Corporation

NAICS

Borrower Location

OGDEN, UT

Project Location

OGDEN, UT

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.