AMERICAN LEGION VICTORY POST 70 (IN) - 2020 PPP Loan Borrower Profile (# 1278777404)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN LEGION VICTORY POST 70. 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

1278777404

SBA Office Code

0562

Processing Method

PPP

Curent Loan Amount

$15,943

Date Loan was Approved

May 4, 2020

Amount Forgiven

$16,077.53

Date Loan was Forgiven

Mar 15, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

15,943

Lender

First Merchants Bank

Business Detail

Business Type

501(c)19 ¿ Non Profit Veterans

NAICS

813410

Borrower Location

SHELBYVILLE, IN

Project Location

SHELBYVILLE, IN

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.