316 PRODUCT DEVELOPMENT LLC (IN) - 2020 PPP Loan Borrower Profile (# 1191677809)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to 316 PRODUCT DEVELOPMENT 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
1191677809
SBA Office Code
0562
Processing Method
PPP
Curent Loan Amount
$19,472.5
Date Loan was Approved
May 1, 2020
Amount Forgiven
$19,729.43
Date Loan was Forgiven
Sep 10, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
19,472.5
Lender
Fifth Third Bank
Business Detail
Business Type
Limited Liability Company(LLC)
NAICS
561110
Borrower Location
NEW PALESTINE, IN
Project Location
NEW PALESTINE, IN
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
2
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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