PPP Loan information for Foundation industries inc

$608,281

Foundation industries inc was initially approved for PPP Loan of amount $608,281, the current approved amount is $608,281. The loan was approved on 01/20/2021 by The Civista Bank reported 67 jobs and $608,281 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

01/20/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

FOUNDATION INDUSTRIES INC

Borrower Address

880 W Waterloo Rd

Borrower City

Akron

Borrower State

OH

Borrower Zip

44314-1519

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

608280.62

Current Approval Amount

608280.62

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

326199

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

608275.62

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

58322

Originating Lender

Civista Bank

Originating Lender City

SANDUSKY

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

615765.85

Forgiveness Date

04/14/2022

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