API TRUCKING CORPORATION (IN) - 2020 PPP Loan Borrower Profile (# 9112437109)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to API TRUCKING CORPORATION. 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

9112437109

SBA Office Code

0562

Processing Method

PPP

Curent Loan Amount

$9,400

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$9,456.92

Date Loan was Forgiven

Nov 23, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

9,400

Lender

Farmers and Merchants Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

484110

Borrower Location

LAOTTO, IN

Project Location

LAOTTO, IN

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.