ANGOLA WIRE PRODUCTS, INC. (IN) - 2020 PPP Loan Borrower Profile (# 2589047704)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ANGOLA WIRE PRODUCTS, 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

2589047704

SBA Office Code

0562

Processing Method

PPP

Curent Loan Amount

$1,992,720

Date Loan was Approved

May 1, 2020

Amount Forgiven

$2,010,784.01

Date Loan was Forgiven

Mar 31, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

80,000

Payroll Proced

1,445,496

Rent Proceed

69,224

Health Care Proceed

398,000

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

332812

Borrower Location

ANGOLA, IN

Project Location

ANGOLA, IN

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

173

Business Age Description

Existing or more than 2 years old

Data Source: SBA.