AES TRI STATE, INC. (IN) - 2020 PPP Loan Borrower Profile (# 4972207009)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AES TRI STATE, 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

4972207009

SBA Office Code

0562

Processing Method

PPP

Curent Loan Amount

$1,455,500

Date Loan was Approved

Apr 4, 2020

Amount Forgiven

$1,469,408.11

Date Loan was Forgiven

Mar 25, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

363,875

Payroll Proced

1,091,625

Lender

Lake Forest Bank & Trust Company, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

722513

Borrower Location

CARMEL, IN

Project Location

CARMEL, IN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

250

Business Age Description

Existing or more than 2 years old

Data Source: SBA.