ACS TECHNICAL PRODUCTS, INC. (IN) - 2020 PPP Loan Borrower Profile (# 7513037000)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACS TECHNICAL PRODUCTS, 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

7513037000

SBA Office Code

0562

Processing Method

PPP

Curent Loan Amount

$566,978

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$571,886.63

Date Loan was Forgiven

Feb 25, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

28,349

Payroll Proced

453,581

Mortgage Interest Proceed

28,349

Rent Proceed

28,349

Debt Interest Proceed

28,350

Lender

Horizon Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

325180

Borrower Location

GRIFFITH, IN

Project Location

GRIFFITH, IN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.