PPP Loan information for Duracote corp

$318,990

Duracote corp was initially approved for PPP Loan of amount $318,990, the current approved amount is $318,990. The loan was approved on 03/12/2021 by The PNC Bank, National Association reported 24 jobs and $318,990 was used to fund payroll.

Duracote corp is Existing or more than 2 years old

DURACOTE CORP

Date Approved

03/12/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

DURACOTE CORP

Borrower Address

350 N Diamond St 350 N Diamond St

Borrower City

Ravenna

Borrower State

OH

Borrower Zip

44266-2155

Loan Status Date

05/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

318990.00

Current Approval Amount

318990.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ravenna

Project County Name

PORTAGE

Project State

OH

Project Zip

44266-2155

CD

OH-14

Jobs Reported

24

NAICS Code

313320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

318988.00

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

Subchapter S Corporation

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

322348.26

Forgiveness Date

04/07/2022

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