APPLIED METALS, INC. (IN) - 2020 PPP Loan Borrower Profile (# 4260157107)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to APPLIED METALS, 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

4260157107

SBA Office Code

0562

Processing Method

PPP

Curent Loan Amount

$263,800

Date Loan was Approved

Apr 13, 2020

Amount Forgiven

$266,518.61

Date Loan was Forgiven

Apr 27, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

263,800

Lender

Premier Bank

Business Detail

Business Type

Corporation

NAICS

811310

Borrower Location

FORT WAYNE, IN

Project Location

FORT WAYNE, IN

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.