AKH INC (IN) - 2020 PPP Loan Borrower Profile (# 7578588401)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AKH 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

7578588401

SBA Office Code

0562

Processing Method

PPS

Curent Loan Amount

$81,000

Date Loan was Approved

Feb 12, 2021

Amount Forgiven

$81,337.32

Date Loan was Forgiven

Jul 21, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

80,994

Lender

First Merchants Bank

Business Detail

Business Type

Corporation

NAICS

333517

Borrower Location

Danville, IN

Project Location

Danville, IN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.