AERO METALS INC (IN) - 2020 PPP Loan Borrower Profile (# 8534837008)

Updated on April 18, 2025.

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

8534837008

SBA Office Code

0562

Processing Method

PPP

Curent Loan Amount

$2,882,800

Date Loan was Approved

Apr 8, 2020

Amount Forgiven

$2,919,315.47

Date Loan was Forgiven

Jul 14, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

2,882,800

Lender

PNC Bank, National Association

Business Detail

Business Type

Corporation

NAICS

331512

Borrower Location

LA PORTE, IN

Project Location

LA PORTE, IN

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

287

Business Age Description

Existing or more than 2 years old

Data Source: SBA.