B & C INDUSTRIAL PRODUCTS, INC. (IN) - 2020 PPP Loan Borrower Profile (# 8974707106)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to B & C INDUSTRIAL PRODUCTS, 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

8974707106

SBA Office Code

0562

Processing Method

PPP

Curent Loan Amount

$129,500

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$130,294.74

Date Loan was Forgiven

Dec 2, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

129,500

Lender

First Merchants Bank

Business Detail

Business Type

Corporation

NAICS

423990

Borrower Location

GARRETT, IN

Project Location

GARRETT, IN

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.