PPP Loan information for Acorn distributors, inc.

$1,545,567

Acorn distributors, inc. was initially approved for PPP Loan of amount $1,545,567, the current approved amount is $1,545,567. The loan was approved on 04/07/2020 by The First Merchants Bank reported 122 jobs and $1,545,567 was used to fund payroll.

Acorn distributors, inc. is Existing or more than 2 years old

PPP Loan Search / IN / INDIANAPOLIS / Acorn distributors, inc.

ACORN DISTRIBUTORS, INC.

Date Approved

04/07/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

ACORN DISTRIBUTORS, INC.

Borrower Address

5820 FORTUNE CIR

Borrower City

INDIANAPOLIS

Borrower State

IN

Borrower Zip

46241-5503

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1545567.00

Current Approval Amount

1545567.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

INDIANAPOLIS

Project County Name

MARION

Project State

IN

Project Zip

46241-5503

CD

IN-07

Jobs Reported

122

NAICS Code

423850

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1545567.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1560980.33

Forgiveness Date

04/15/2021

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