AFFCO MACHINE SALES INC - AAA5573 (IN) - 2020 PPP Loan Borrower Profile (# 4892898405)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to AFFCO MACHINE SALES INC - AAA5573. 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
4892898405
SBA Office Code
0562
Processing Method
PPS
Curent Loan Amount
$351,949
Date Loan was Approved
Feb 7, 2021
Amount Forgiven
$353,684.64
Date Loan was Forgiven
Aug 11, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
351,947
Lender
Busey Bank
Business Detail
Business Type
Corporation
NAICS
333517
Borrower Location
Westfield, IN
Project Location
Westfield, IN
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
11
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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