B & L ENGINEERING INC (IN) - 2020 PPP Loan Borrower Profile (# 2466277202)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to B & L ENGINEERING 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

2466277202

SBA Office Code

0562

Processing Method

PPP

Curent Loan Amount

$392,762

Date Loan was Approved

Apr 16, 2020

Amount Forgiven

$396,771.45

Date Loan was Forgiven

Apr 28, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

5,970

Payroll Proced

327,732

Mortgage Interest Proceed

Rent Proceed

22,500

Refinance EIDL Proceed

Health Care Proceed

36,400

Debt Interest Proceed

160

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Corporation

NAICS

332710

Borrower Location

Crawfordsville, IN

Project Location

Crawfordsville, 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.