PPP Loan information for Industrial motor and sign controls inc

$284,600

Industrial motor and sign controls inc was initially approved for PPP Loan of amount $284,600, the current approved amount is $284,600. The loan was approved on 04/06/2020 by The The Huntington National Bank reported 20 jobs and $284,600 was used to fund payroll.

Industrial motor and sign controls inc is Existing or more than 2 years old

INDUSTRIAL MOTOR AND SIGN CONTROLS INC

Date Approved

04/06/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

INDUSTRIAL MOTOR AND SIGN CONTROLS INC

Borrower Address

4540 Glenbrook Road

Borrower City

WILLOUGHBY

Borrower State

OH

Borrower Zip

44094-8214

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

284600.00

Current Approval Amount

284600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WILLOUGHBY

Project County Name

LAKE

Project State

OH

Project Zip

44094-8214

CD

OH-14

Jobs Reported

20

NAICS Code

333318

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

284600.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

287336.84

Forgiveness Date

04/14/2021

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