APEX TOOL & MANUFACTURING, INC (IN) - 2020 PPP Loan Borrower Profile (# 8091887208)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to APEX TOOL & MANUFACTURING, 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

8091887208

SBA Office Code

0562

Processing Method

PPP

Curent Loan Amount

$151,300

Date Loan was Approved

Apr 28, 2020

Amount Forgiven

$152,127.95

Date Loan was Forgiven

Nov 23, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

6,300

Payroll Proced

135,000

Rent Proceed

10,000

Lender

Field & Main Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

332710

Borrower Location

EVANSVILLE, IN

Project Location

EVANSVILLE, IN

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.