ADA CORPORATION (VA) - 2020 PPP Loan Borrower Profile (# 4676037208)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADA CORPORATION. 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 Virginia.

Loan Detail

Loan Number

4676037208

SBA Office Code

0304

Processing Method

PPP

Curent Loan Amount

$189,600

Date Loan was Approved

Apr 27, 2020

Amount Forgiven

$191,316.93

Date Loan was Forgiven

Mar 22, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

151,730

Mortgage Interest Proceed

37,870

Lender

Bank of Botetourt

Business Detail

Business Type

Subchapter S Corporation

NAICS

236116

Borrower Location

NATURAL BRIDGE, VA

Project Location

NATURAL BRIDGE, VA

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.