# PPP loan: AMERIFAB, INC.
> **$1.67M** approved 04/09/2020 · Paid in Full · Loan `9888667007`
## Borrower
- **Name:** AMERIFAB, INC.
- **Address:** 3501 E 9TH STREET 0.0, INDIANAPOLIS, IN, 46201-2509
- **NAICS:** 332312
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.67M
- **Initial approval:** $1.67M
- **Forgiven:** $1.69M (101%)
- **Forgiveness date:** 06/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.52M
- **Rent:** $80K
- **Utilities:** $35K
- **Debt interest:** $32K
- **Jobs reported:** 90
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*