AIR DISTRIBUTION SYSTEMS INC (IN) - 2020 PPP Loan Borrower Profile (# 6160608403)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AIR DISTRIBUTION SYSTEMS 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

6160608403

SBA Office Code

0562

Processing Method

PPP

Curent Loan Amount

$15,600

Date Loan was Approved

Feb 10, 2021

Amount Forgiven

$15,704.47

Date Loan was Forgiven

Oct 18, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

15,600

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

423730

Borrower Location

New Palestine, IN

Project Location

New Palestine, IN

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.