ARTISTS IN MOTION, INC. (IN) - 2020 PPP Loan Borrower Profile (# 5819007006)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ARTISTS IN MOTION, 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
5819007006
SBA Office Code
0562
Processing Method
PPP
Curent Loan Amount
$107,600
Date Loan was Approved
Apr 6, 2020
Amount Forgiven
$108,541.5
Date Loan was Forgiven
Feb 25, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
14,900
Payroll Proced
80,700
Mortgage Interest Proceed
8,000
Debt Interest Proceed
4,000
Lender
Lake City Bank

Business Detail

Business Type
Professional Association
NAICS
611610
Borrower Location
INDIANAPOLIS, IN
Project Location
INDIANAPOLIS, IN
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
Yes
Jobs Reported
59
Business Age Description
Existing or more than 2 years old
Data Source: SBA.