ARTEK, INC. (IN) - 2020 PPP Loan Borrower Profile (# 6981097210)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ARTEK, 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
6981097210
SBA Office Code
0562
Processing Method
PPP
Curent Loan Amount
$670,600
Date Loan was Approved
Apr 28, 2020
Amount Forgiven
$677,544.84
Date Loan was Forgiven
May 13, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
70,600
Payroll Proced
392,000
Rent Proceed
82,000
Health Care Proceed
126,000
Lender
STAR Financial Bank

Business Detail

Business Type
Subchapter S Corporation
NAICS
326121
Borrower Location
FORT WAYNE, IN
Project Location
FORT WAYNE, IN
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
58
Business Age Description
Existing or more than 2 years old
Data Source: SBA.