AMERICAN EALGE 5 LLC (IN) - 2020 PPP Loan Borrower Profile (# 7437107005)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN EALGE 5 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

7437107005

SBA Office Code

0562

Processing Method

PPP

Curent Loan Amount

$17,500

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$17,661.88

Date Loan was Forgiven

Mar 16, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

3,500

Payroll Proced

14,000

Lender

Field & Main Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

721110

Borrower Location

VINCENNES, IN

Project Location

VINCENNES, IN

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.