AD-LIT, INC. (WI) - 2020 PPP Loan Borrower Profile (# 7783247004)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to AD-LIT, 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 Wisconsin.
Loan Detail
Loan Number
7783247004
SBA Office Code
0563
Processing Method
PPP
Curent Loan Amount
$479,300
Date Loan was Approved
Apr 8, 2020
Amount Forgiven
$482,267.72
Date Loan was Forgiven
Nov 27, 2020
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
59,912
Payroll Proced
359,475
Rent Proceed
59,913
Lender
Johnson Bank
Business Detail
Business Type
Subchapter S Corporation
NAICS
541870
Borrower Location
WISCONSIN DELLS, WI
Project Location
WISCONSIN DELLS, WI
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
Yes
Jobs Reported
34
Business Age Description
Existing or more than 2 years old
Data Source: SBA.