ALTERNATIVE MOTORS OF ADAMS, INC. (MA) - 2020 PPP Loan Borrower Profile (# 4631637000)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ALTERNATIVE MOTORS OF ADAMS, INC.. The PPP program was intended to provide incentives for small businesses to keep their workers on payroll.
You can see similar information for other borrowers in Massachusetts.
Loan Detail
Loan Number
4631637000
SBA Office Code
0130
Processing Method
PPP
Curent Loan Amount
$22,000
Date Loan was Approved
Apr 4, 2020
Amount Forgiven
$22,168.77
Date Loan was Forgiven
Jan 20, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
22,000
Lender
Adams Community Bank
Business Detail
Business Type
Corporation
NAICS
441120
Borrower Location
ADAMS, MA
Project Location
ADAMS, MA
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
4
Business Age Description
New Business or 2 years or less
Data Source: SBA.