ACRES INC. (IN) - 2020 PPP Loan Borrower Profile (# 3298808305)

Updated on April 18, 2025.

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

3298808305

SBA Office Code

0562

Processing Method

PPS

Curent Loan Amount

$94,566.85

Date Loan was Approved

Jan 21, 2021

Amount Forgiven

$95,033.21

Date Loan was Forgiven

Jul 27, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

94,566.85

Lender

Centier Bank

Business Detail

Business Type

Non-Profit Organization

NAICS

813312

Borrower Location

Huntertown, IN

Project Location

Huntertown, IN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.