ACADEMY PLACE APARTMENTS, INC. (IN) - 2020 PPP Loan Borrower Profile (# 5224607108)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ACADEMY PLACE APARTMENTS, 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
5224607108
SBA Office Code
0562
Processing Method
PPP
Curent Loan Amount
$10,100
Date Loan was Approved
Apr 13, 2020
Amount Forgiven
$10,186.41
Date Loan was Forgiven
Feb 19, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
100
Payroll Proced
7,600
Mortgage Interest Proceed
2,400
Lender
Citizens State Bank of New Castle
Business Detail
Business Type
Non-Profit Organization
NAICS
531110
Borrower Location
KNIGHTSTOWN, IN
Project Location
KNIGHTSTOWN, IN
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
2
Business Age Description
New Business or 2 years or less
Data Source: SBA.
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