PPP Loan information for Akron industrial motor sales & service

$19,085

Akron industrial motor sales & service was initially approved for PPP Loan of amount $19,085, the current approved amount is $19,085. The loan was approved on 03/10/2021 by The Customers Bank reported 8 jobs and $19,085 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

03/10/2021

SBA Office Code

0549

Processing Method

PPS

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

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

19085.00

Current Approval Amount

19085.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

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

1.00

Payroll Proceed

19081.00

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

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

19238.73

Forgiveness Date

01/03/2022

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