ACKERMAN OIL CO., INC (IN) - 2020 PPP Loan Borrower Profile (# 5136317006)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ACKERMAN OIL CO., 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
5136317006
SBA Office Code
0562
Processing Method
PPP
Curent Loan Amount
$293,000
Date Loan was Approved
Apr 5, 2020
Amount Forgiven
$294,910.52
Date Loan was Forgiven
Dec 9, 2020
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
293,000
Lender
German American Bank
Business Detail
Business Type
Sole Proprietorship
NAICS
424720
Borrower Location
JASPER, IN
Project Location
JASPER, IN
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
18
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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