AERO INDUSTRIES INC (IN) - 2020 PPP Loan Borrower Profile (# 7428997110)

Updated on April 18, 2025.

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

7428997110

SBA Office Code

0562

Processing Method

PPP

Curent Loan Amount

$2,519,200

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$2,546,807.67

Date Loan was Forgiven

Jun 3, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

2,519,200

Lender

Old National Bank

Business Detail

Business Type

Corporation

NAICS

314910

Borrower Location

INDIANAPOLIS, IN

Project Location

INDIANAPOLIS, IN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

233

Business Age Description

Existing or more than 2 years old

Data Source: SBA.