AFS COMPANY (IN) - 2020 PPP Loan Borrower Profile (# 3618737105)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AFS COMPANY. 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

3618737105

SBA Office Code

0562

Processing Method

PPP

Curent Loan Amount

$139,869

Date Loan was Approved

Apr 11, 2020

Amount Forgiven

$140,750.37

Date Loan was Forgiven

Dec 23, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

111,900

Mortgage Interest Proceed

17,000

Refinance EIDL Proceed

10,969

Lender

Horizon Bank

Business Detail

Business Type

Corporation

NAICS

541211

Borrower Location

MICHIGAN CITY, IN

Project Location

MICHIGAN CITY, IN

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.