APEX TELECOM INC (IN) - 2020 PPP Loan Borrower Profile (# 5642078506)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to APEX TELECOM 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
5642078506
SBA Office Code
0562
Processing Method
PPS
Curent Loan Amount
$29,900
Date Loan was Approved
Mar 1, 2021
Amount Forgiven
$30,257.98
Date Loan was Forgiven
May 16, 2022
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
29,895
Lender
First Financial Bank

Business Detail

Business Type
Corporation
NAICS
541512
Borrower Location
Franklin, IN
Project Location
Franklin, IN
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
Yes
Jobs Reported
10
Business Age Description
Existing or more than 2 years old
Data Source: SBA.