ACOUSTICS PLUS, INC (IN) - 2020 PPP Loan Borrower Profile (# 1582987304)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ACOUSTICS PLUS, 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
1582987304
SBA Office Code
0562
Processing Method
PPP
Curent Loan Amount
$286,100
Date Loan was Approved
Apr 28, 2020
Amount Forgiven
$288,945.11
Date Loan was Forgiven
Apr 28, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
204,362
Health Care Proceed
81,738
Lender
Lake City Bank
Business Detail
Business Type
Corporation
NAICS
238310
Borrower Location
INDIANAPOLIS, IN
Project Location
INDIANAPOLIS, IN
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
23
Business Age Description
Existing or more than 2 years old
Data Source: SBA.