PPP Loan information for Forging equipment solutions, inc.

$84,675

Forging equipment solutions, inc. was initially approved for PPP Loan of amount $84,675, the current approved amount is $84,675. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 4 jobs and $84,675 was used to fund payroll.

Forging equipment solutions, inc. is Existing or more than 2 years old

PPP Loan Search / OH / Medina / Forging equipment solutions, inc.

FORGING EQUIPMENT SOLUTIONS, INC.

Date Approved

05/01/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

FORGING EQUIPMENT SOLUTIONS, INC.

Borrower Address

1486 Medina Road Suite 209

Borrower City

Medina

Borrower State

OH

Borrower Zip

44256

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

84674.68

Current Approval Amount

84674.67

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Medina

Project County Name

MEDINA

Project State

OH

Project Zip

44256-1101

CD

OH-07

Jobs Reported

4

NAICS Code

332111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

67656.68

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

17017.99

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

85702.71

Forgiveness Date

07/22/2021

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