AKINA INC (IN) - 2020 PPP Loan Borrower Profile (# 8676437001)

Updated on April 18, 2025.

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

8676437001

SBA Office Code

0562

Processing Method

PPP

Curent Loan Amount

$121,410

Date Loan was Approved

Apr 8, 2020

Amount Forgiven

$122,411.22

Date Loan was Forgiven

Mar 3, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

8,086

Payroll Proced

97,128

Rent Proceed

8,086

Debt Interest Proceed

8,110

Lender

Horizon Bank

Business Detail

Business Type

Corporation

NAICS

541990

Borrower Location

WEST LAFAYETTE, IN

Project Location

WEST LAFAYETTE, IN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.