ACCELERATORS INC (IN) - 2020 PPP Loan Borrower Profile (# 4795877107)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACCELERATORS 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

4795877107

SBA Office Code

0562

Processing Method

PPP

Curent Loan Amount

$59,200

Date Loan was Approved

Apr 13, 2020

Amount Forgiven

$59,622.62

Date Loan was Forgiven

Dec 31, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

14,800

Payroll Proced

44,400

Lender

First State Bank of Middlebury

Business Detail

Business Type

Subchapter S Corporation

NAICS

811111

Borrower Location

ELKHART, IN

Project Location

ELKHART, IN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.