PPP Loan information for Foundation industries inc.

$458,800

Foundation industries inc. was initially approved for PPP Loan of amount $458,800, the current approved amount is $458,800. The loan was approved on 04/10/2020 by The Civista Bank reported 67 jobs and $458,800 was used to fund payroll.

Foundation industries inc. is Existing or more than 2 years old

PPP Loan Search / OH / AKRON / Foundation industries inc.

FOUNDATION INDUSTRIES INC.

Date Approved

04/10/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

FOUNDATION INDUSTRIES INC.

Borrower Address

880 West WATERLOO RD

Borrower City

AKRON

Borrower State

OH

Borrower Zip

44314-1519

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

458800.00

Current Approval Amount

458800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58322

Servicing Lender Name

Civista Bank

Servicing Lender Address

100 E Water St

Servicing Lender City

SANDUSKY

Servicing Lender State

OH

Servicing Lender Zip

44870-2524

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

AKRON

Project County Name

SUMMIT

Project State

OH

Project Zip

44314-1519

CD

OH-13

Jobs Reported

67

NAICS Code

321999

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

60910.00

Payroll Proceed

340369.00

Mortgage Interest Proceed

0.00

Rent Proceed

45950.00

Refinance EIDL Proceed

0.00

Health Care Proceed

11571.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

58322

Originating Lender

Civista Bank

Originating Lender City

SANDUSKY

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

464445.79

Forgiveness Date

06/29/2021

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