BA ROMINES SHEETMETAL, INC. (IN) - 2020 PPP Loan Borrower Profile (# 6534607010)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BA ROMINES SHEETMETAL, 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

6534607010

SBA Office Code

0562

Processing Method

PPP

Curent Loan Amount

$1,460,400

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$1,476,626.67

Date Loan was Forgiven

May 21, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

4,261

Payroll Proced

937,153

Mortgage Interest Proceed

3,836

Rent Proceed

6,800

Health Care Proceed

464,850

Debt Interest Proceed

43,500

Lender

Lake City Bank

Business Detail

Business Type

Corporation

NAICS

332322

Borrower Location

HARLAN, IN

Project Location

HARLAN, IN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.