ACADEMY ENERGY GROUP, LLC (IN) - 2020 PPP Loan Borrower Profile (# 6004207000)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACADEMY ENERGY GROUP, 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

6004207000

SBA Office Code

0562

Processing Method

PPP

Curent Loan Amount

$127,950

Date Loan was Approved

Apr 6, 2020

Amount Forgiven

$129,513.44

Date Loan was Forgiven

Jul 2, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

127,950

Lender

First Federal Savings Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

423390

Borrower Location

NEWBURGH, IN

Project Location

NEWBURGH, IN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.