PPP Loan information for Acro tool & die company

$568,982

Acro tool & die company was initially approved for PPP Loan of amount $568,982, the current approved amount is $568,982. The loan was approved on 02/25/2021 by The JPMorgan Chase Bank, National Association reported 37 jobs and $568,982 was used to fund payroll.

Acro tool & die company is Existing or more than 2 years old

ACRO TOOL & DIE COMPANY

Date Approved

02/25/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

ACRO TOOL & DIE COMPANY

Borrower Address

325 Morgan Ave

Borrower City

Akron

Borrower State

OH

Borrower Zip

44311-2423

Loan Status Date

07/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

568982.00

Current Approval Amount

568982.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Akron

Project County Name

SUMMIT

Project State

OH

Project Zip

44311-2423

CD

OH-13

Jobs Reported

37

NAICS Code

333514

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

568980.00

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

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

576122.41

Forgiveness Date

06/03/2022

;