BELL EQUIPMENT SERVICES INC. (IN) - 2020 PPP Loan Borrower Profile (# 6299568300)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BELL EQUIPMENT SERVICES 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

6299568300

SBA Office Code

0562

Processing Method

PPP

Curent Loan Amount

$119,675

Date Loan was Approved

Jan 26, 2021

Amount Forgiven

$120,160.26

Date Loan was Forgiven

Jun 30, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

119,672

Lender

The Farmers & Merchants State Bank

Business Detail

Business Type

Corporation

NAICS

811111

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.