AJ MACHINE, INC. (IN) - 2020 PPP Loan Borrower Profile (# 5335157009)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AJ MACHINE, 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

5335157009

SBA Office Code

0562

Processing Method

PPP

Curent Loan Amount

$274,080

Date Loan was Approved

Apr 5, 2020

Amount Forgiven

$275,884.36

Date Loan was Forgiven

Dec 8, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

38,937

Payroll Proced

185,797

Rent Proceed

22,190

Health Care Proceed

19,763

Debt Interest Proceed

7,393

Lender

Lake City Bank

Business Detail

Business Type

Corporation

NAICS

811310

Borrower Location

COLUMBIA CITY, IN

Project Location

COLUMBIA CITY, IN

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.