ASHLEY LOGISTICS INC. (IN) - 2020 PPP Loan Borrower Profile (# 3025587102)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ASHLEY LOGISTICS 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

3025587102

SBA Office Code

0562

Processing Method

PPP

Curent Loan Amount

$45,150

Date Loan was Approved

Apr 11, 2020

Amount Forgiven

$45,367.5

Date Loan was Forgiven

Feb 9, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

500

Payroll Proced

43,650

Rent Proceed

1,000

Lender

The Garrett State Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

484121

Borrower Location

ASHLEY, IN

Project Location

ASHLEY, IN

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.