PPP Loan information for Barberton steel industries inc

$181,642

Barberton steel industries inc was initially approved for PPP Loan of amount $181,642, the current approved amount is $181,642. The loan was approved on 04/06/2020 by The Independence Bank reported 26 jobs and $181,642 was used to fund payroll.

Barberton steel industries inc is Existing or more than 2 years old

PPP Loan Search / OH / BARBERTON / Barberton steel industries inc

BARBERTON STEEL INDUSTRIES INC

Date Approved

04/06/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

BARBERTON STEEL INDUSTRIES INC

Borrower Address

240 east HUSTON ST

Borrower City

BARBERTON

Borrower State

OH

Borrower Zip

44203-3000

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

181642.00

Current Approval Amount

181642.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57647

Servicing Lender Name

Independence Bank

Servicing Lender Address

4401 Rockside Rd

Servicing Lender City

INDEPENDENCE

Servicing Lender State

OH

Servicing Lender Zip

44131-2146

Rural Urban Indicator

U

Hubzone Indicator

Y

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

44203-3000

CD

OH-13

Jobs Reported

26

NAICS Code

331513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

15000.00

Payroll Proceed

146642.00

Mortgage Interest Proceed

0.00

Rent Proceed

15000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

5000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

57647

Originating Lender

Independence Bank

Originating Lender City

INDEPENDENCE

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

183009.36

Forgiveness Date

01/14/2021

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