ALWAYS UNDERGROUND INC. (IN) - 2020 PPP Loan Borrower Profile (# 2646557701)

Updated on April 18, 2025.

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

2646557701

SBA Office Code

0562

Processing Method

PPP

Curent Loan Amount

$604,760

Date Loan was Approved

May 1, 2020

Amount Forgiven

$610,719.57

Date Loan was Forgiven

Apr 29, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

604,760

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

561990

Borrower Location

LAKE VILLAGE, IN

Project Location

LAKE VILLAGE, IN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.