# PPP loan: ALCORN INDUSTRIAL INC.
> **$261K** approved 03/18/2021 · Exemption 4 · Loan `4624178601`
## Borrower
- **Name:** ALCORN INDUSTRIAL INC.
- **Address:** 5412 Rock Hampton Ct, Indianapolis, IN, 46268-1029
- **NAICS:** 423830
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $261K
- **Initial approval:** $261K
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $260K
- **Utilities:** $1
- **Jobs reported:** 22
## Lender
- **Originating:** STAR Financial Bank
- **Servicing:** STAR Financial Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*