AMERICAN LEGION POST 0044 KAPPERMAN INC. (IN) - 2020 PPP Loan Borrower Profile (# 3461247308)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN LEGION POST 0044 KAPPERMAN 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

3461247308

SBA Office Code

0562

Processing Method

PPP

Curent Loan Amount

$42,838.94

Date Loan was Approved

Apr 29, 2020

Amount Forgiven

$43,180.46

Date Loan was Forgiven

Feb 19, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

10,709.73

Payroll Proced

32,129.21

Lender

LNB Community Bank

Business Detail

Business Type

Corporation

NAICS

813410

Borrower Location

NEWBURGH, IN

Project Location

NEWBURGH, IN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Unanswered

Data Source: SBA.