AYERS MACHINERY COMPANY LLC (IN) - 2020 PPP Loan Borrower Profile (# 6831237100)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AYERS MACHINERY COMPANY LLC. 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
6831237100
SBA Office Code
0562
Processing Method
PPP
Curent Loan Amount
$20,800
Date Loan was Approved
Apr 14, 2020
Amount Forgiven
$20,981.42
Date Loan was Forgiven
Mar 5, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
20,800
Lender
The Bippus State Bank

Business Detail

Business Type
Subchapter S Corporation
NAICS
423810
Borrower Location
ROANOKE, IN
Project Location
ROANOKE, IN
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
2
Business Age Description
New Business or 2 years or less
Data Source: SBA.