2425 ASSOCIATES, LLC (IN) - 2020 PPP Loan Borrower Profile (# 2037097100)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to 2425 ASSOCIATES, LLC. 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 Indiana.
Loan Detail
Loan Number
2037097100
SBA Office Code
0562
Processing Method
PPP
Curent Loan Amount
$102,337
Date Loan was Approved
Apr 10, 2020
Amount Forgiven
$103,040.74
Date Loan was Forgiven
Jan 7, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
6,823
Payroll Proced
81,870
Mortgage Interest Proceed
6,822
Rent Proceed
6,822
Lender
Horizon Bank
Business Detail
Business Type
Limited Liability Company(LLC)
NAICS
531190
Borrower Location
INDIANAPOLIS, IN
Project Location
INDIANAPOLIS, IN
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
17
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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