ACERO BUILDING COMPONENTS, LLC (IN) - 2020 PPP Loan Borrower Profile (# 4270597103)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACERO BUILDING COMPONENTS, 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

4270597103

SBA Office Code

0562

Processing Method

PPP

Curent Loan Amount

$138,754

Date Loan was Approved

Apr 13, 2020

Amount Forgiven

Date Loan was Forgiven

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

6,000

Payroll Proced

110,254

Mortgage Interest Proceed

Rent Proceed

22,500

Refinance EIDL Proceed

Health Care Proceed

Debt Interest Proceed

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

332311

Borrower Location

Muncie, IN

Project Location

Muncie, IN

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.