PPP Loan information for Akron industrial motor sales & service

$26,311

Akron industrial motor sales & service was initially approved for PPP Loan of amount $26,311, the current approved amount is $26,311. The loan was approved on 06/26/2020 by The Cross River Bank reported 8 jobs and $26,311 was used to fund payroll.

Akron industrial motor sales & service is Existing or more than 2 years old

AKRON INDUSTRIAL MOTOR SALES & SERVICE

Date Approved

06/26/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

AKRON INDUSTRIAL MOTOR SALES & SERVICE

Borrower Address

498 Jefferson Ave.

Borrower City

Barberton

Borrower State

OH

Borrower Zip

44203-2817

Loan Status Date

03/23/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

26311.00

Current Approval Amount

26311.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Barberton

Project County Name

SUMMIT

Project State

OH

Project Zip

44203-2817

CD

OH-13

Jobs Reported

8

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

26311.00

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

529113

Originating Lender

Kabbage, Inc.

Originating Lender City

Atlanta

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

26726.21

Forgiveness Date

01/28/2022

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