AD-TECH MEDICAL INSTRUMENT CORPORATION (WI) - 2020 PPP Loan Borrower Profile (# 9682797005)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AD-TECH MEDICAL INSTRUMENT 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 Wisconsin.

Loan Detail

Loan Number

9682797005

SBA Office Code

0563

Processing Method

PPP

Curent Loan Amount

$1,412,500

Date Loan was Approved

Apr 9, 2020

Amount Forgiven

$1,422,958.78

Date Loan was Forgiven

Jan 8, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

10,000

Payroll Proced

1,252,500

Mortgage Interest Proceed

80,000

Rent Proceed

Refinance EIDL Proceed

Health Care Proceed

70,000

Debt Interest Proceed

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

339112

Borrower Location

Oak Creek, WI

Project Location

Oak Creek, WI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

143

Business Age Description

Existing or more than 2 years old

Data Source: SBA.