AREA FIVE AGENCY & COMMUNITY SERVICES INC. (IN) - 2020 PPP Loan Borrower Profile (# 9079607000)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to AREA FIVE AGENCY & COMMUNITY SERVICES 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
9079607000
SBA Office Code
0562
Processing Method
PPP
Curent Loan Amount
$914,900
Date Loan was Approved
Apr 9, 2020
Amount Forgiven
$919,913.15
Date Loan was Forgiven
Nov 3, 2020
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
4,300
Payroll Proced
889,000
Rent Proceed
8,400
Debt Interest Proceed
13,200
Lender
Security Federal Savings Bank
Business Detail
Business Type
Non-Profit Organization
NAICS
624120
Borrower Location
LOGANSPORT, IN
Project Location
LOGANSPORT, IN
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
156
Business Age Description
Existing or more than 2 years old
Data Source: SBA.