ALPHA ENGINEERING OF INDIANA INC (IN) - 2020 PPP Loan Borrower Profile (# 1199997707)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALPHA ENGINEERING OF INDIANA 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

1199997707

SBA Office Code

0562

Processing Method

PPP

Curent Loan Amount

$274,177

Date Loan was Approved

May 1, 2020

Amount Forgiven

$275,774.23

Date Loan was Forgiven

Dec 2, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

229,177

Rent Proceed

15,000

Health Care Proceed

30,000

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

541330

Borrower Location

INDIANAPOLIS, IN

Project Location

INDIANAPOLIS, IN

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.