Adams Thermal Systems Inc.

$2,000,000 PPP Loan in Canton, South Dakota

Loan Details

Loan Number
2243298610
Date Approved
Mar 13, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,011,616
Forgiveness Date
Oct 14, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Adams Thermal Systems Inc.
Address
47920 W 5th St
City
Canton
ZIP Code
57013-5802
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (336390)
Business Age
Existing or more than 2 years old
Jobs Reported
200
Estimated Revenue
$52.4M
Rural/Urban
Urban
Congressional District
SD-

Loan Use Breakdown

Payroll
$1,999,999
Utilities
$1

Lender Information

Servicing Lender
American State Bank
Originating Lender
American State Bank

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