ADE DAVIS (AL) - 2020 PPP Loan Borrower Profile (# 8580248408)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADE DAVIS. 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 Alabama.

Loan Detail

Loan Number

8580248408

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$22,900

Date Loan was Approved

Feb 13, 2021

Amount Forgiven

$23,048.07

Date Loan was Forgiven

Oct 14, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

22,899

Lender

Readycap Lending, LLC

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

484121

Borrower Location

Moody, AL

Project Location

Moody, AL

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.