BPAC. INC. (IN) - 2020 PPP Loan Borrower Profile (# 7932957010)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BPAC. 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

7932957010

SBA Office Code

0562

Processing Method

PPP

Curent Loan Amount

$551,890

Date Loan was Approved

Apr 8, 2020

Amount Forgiven

$560,977.28

Date Loan was Forgiven

Dec 9, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,000

Payroll Proced

536,890

Rent Proceed

13,000

Lender

Rosedale Federal Savings & Loan Association

Business Detail

Business Type

Corporation

NAICS

511210

Borrower Location

Indianapolis, IN

Project Location

Indianapolis, IN

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.