PPP Loan information for Earnest machine products company

$724,265

Earnest machine products company was initially approved for PPP Loan of amount $724,265, the current approved amount is $724,265. The loan was approved on 01/23/2021 by The KeyBank National Association reported 57 jobs and $724,265 was used to fund payroll.

Earnest machine products company is Existing or more than 2 years old

EARNEST MACHINE PRODUCTS COMPANY

Date Approved

01/23/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

EARNEST MACHINE PRODUCTS COMPANY

Borrower Address

1250 Linda St Ste 301

Borrower City

Rocky River

Borrower State

OH

Borrower Zip

44116-1854

Loan Status Date

10/22/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

724265.00

Current Approval Amount

724265.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

56102

Servicing Lender Name

KeyBank National Association

Servicing Lender Address

127 Public Sq

Servicing Lender City

CLEVELAND

Servicing Lender State

OH

Servicing Lender Zip

44114-1217

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rocky River

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44116-1854

CD

OH-07

Jobs Reported

57

NAICS Code

423710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

724262.00

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

56102

Originating Lender

KeyBank National Association

Originating Lender City

CLEVELAND

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

729126.50

Forgiveness Date

10/08/2021

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