PPP Loan information for Durable corporation

$485,000

Durable corporation was initially approved for PPP Loan of amount $485,000, the current approved amount is $485,000. The loan was approved on 04/05/2020 by The The Croghan Colonial Bank reported 39 jobs and $485,000 was used to fund payroll.

Durable corporation is Existing or more than 2 years old

DURABLE CORPORATION

Date Approved

04/05/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

DURABLE CORPORATION

Borrower Address

75 N PLEASANT STREET

Borrower City

NORWALK

Borrower State

OH

Borrower Zip

44857-1218

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

485000.00

Current Approval Amount

485000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57578

Servicing Lender Name

The Croghan Colonial Bank

Servicing Lender Address

323 Croghan St

Servicing Lender City

FREMONT

Servicing Lender State

OH

Servicing Lender Zip

43420-3013

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NORWALK

Project County Name

HURON

Project State

OH

Project Zip

44857-1218

CD

OH-05

Jobs Reported

39

NAICS Code

326299

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

60625.00

Payroll Proceed

363750.00

Mortgage Interest Proceed

60625.00

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

57578

Originating Lender

The Croghan Colonial Bank

Originating Lender City

FREMONT

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

489701.81

Forgiveness Date

03/31/2021

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