PPP Loan information for Friction metals, llc

$79,300

Friction metals, llc was initially approved for PPP Loan of amount $79,300, the current approved amount is $79,300. The loan was approved on 04/05/2020 by The CNB Bank reported 8 jobs and $79,300 was used to fund payroll.

Friction metals, llc is New Business or 2 years or less

PPP Loan Search / OH / MARION / Friction metals, llc

FRICTION METALS, LLC

Date Approved

04/05/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

FRICTION METALS, LLC

Borrower Address

740 CENTER ST

Borrower City

MARION

Borrower State

OH

Borrower Zip

43302-3550

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

79300.00

Current Approval Amount

79300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59954

Servicing Lender Name

CNB Bank

Servicing Lender Address

31 S Second St

Servicing Lender City

CLEARFIELD

Servicing Lender State

PA

Servicing Lender Zip

16830

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MARION

Project County Name

MARION

Project State

OH

Project Zip

43302-3550

CD

OH-04

Jobs Reported

8

NAICS Code

423930

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

79300.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

59954

Originating Lender

CNB Bank

Originating Lender City

CLEARFIELD

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

80258.12

Forgiveness Date

06/30/2021

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