80/20 INC (IN) - 2020 PPP Loan Borrower Profile (# 5409677005)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 80/20 INC. 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

5409677005

SBA Office Code

0562

Processing Method

PPP

Curent Loan Amount

$3,909,000

Date Loan was Approved

Apr 5, 2020

Amount Forgiven

$3,954,729.95

Date Loan was Forgiven

Jun 17, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

781,800

Payroll Proced

3,127,200

Lender

STAR Financial Bank

Business Detail

Business Type

Employee Stock Ownership Plan(ESOP)

NAICS

332312

Borrower Location

COLUMBIA CITY, IN

Project Location

COLUMBIA CITY, IN

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

415

Business Age Description

Existing or more than 2 years old

Data Source: SBA.