AGRO-CHEM, INC (IN) - 2020 PPP Loan Borrower Profile (# 8058228105)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AGRO-CHEM, 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

8058228105

SBA Office Code

0562

Processing Method

PPP

Curent Loan Amount

$367,750

Date Loan was Approved

Jul 24, 2020

Amount Forgiven

$371,326.75

Date Loan was Forgiven

Jul 15, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

367,750

Lender

First Farmers Bank & Trust Co.

Business Detail

Business Type

Corporation

NAICS

444210

Borrower Location

WABASH, IN

Project Location

WABASH, IN

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.