PPP Loan information for Akron rubber dvlpmnt laboratry

$1,291,258

Akron rubber dvlpmnt laboratry was initially approved for PPP Loan of amount $1,291,258, the current approved amount is $1,291,258. The loan was approved on 04/06/2020 by The WesBanco Bank, Inc. reported 95 jobs and $1,291,258 was used to fund payroll.

Akron rubber dvlpmnt laboratry is Existing or more than 2 years old

PPP Loan Search / OH / AKRON / Akron rubber dvlpmnt laboratry

AKRON RUBBER DVLPMNT LABORATRY

Date Approved

04/06/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

AKRON RUBBER DVLPMNT LABORATRY

Borrower Address

300 KENMORE BLVD

Borrower City

AKRON

Borrower State

OH

Borrower Zip

44301-1039

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1291257.50

Current Approval Amount

1291257.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75497

Servicing Lender Name

WesBanco Bank, Inc.

Servicing Lender Address

1 Bank Plz

Servicing Lender City

WHEELING

Servicing Lender State

WV

Servicing Lender Zip

26003-3543

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

44301-1039

CD

OH-13

Jobs Reported

95

NAICS Code

541380

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1291257.50

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

75497

Originating Lender

WesBanco Bank, Inc.

Originating Lender City

WHEELING

Originating Lender State

WV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1307601.64

Forgiveness Date

07/21/2021

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