ALL-STATES MACHINE REPAIR LLC (IN) - 2020 PPP Loan Borrower Profile (# 1438307109)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALL-STATES MACHINE REPAIR LLC. 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
1438307109
SBA Office Code
0562
Processing Method
PPP
Curent Loan Amount
$201,250
Date Loan was Approved
Apr 10, 2020
Amount Forgiven
$203,086.06
Date Loan was Forgiven
Mar 31, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
13,417
Payroll Proced
161,000
Mortgage Interest Proceed
13,417
Rent Proceed
13,416
Lender
Horizon Bank

Business Detail

Business Type
Corporation
NAICS
811212
Borrower Location
KOUTS, IN
Project Location
KOUTS, IN
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
17
Business Age Description
Existing or more than 2 years old
Data Source: SBA.