PPP Loan information for Kent machinery sales inc

$32,500

Kent machinery sales inc was initially approved for PPP Loan of amount $32,500, the current approved amount is $32,500. The loan was approved on 03/26/2021 by The Portage Community Bank reported 4 jobs and $32,500 was used to fund payroll.

Kent machinery sales inc is Existing or more than 2 years old

KENT MACHINERY SALES INC

Date Approved

03/26/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

KENT MACHINERY SALES INC

Borrower Address

563 Old Forge Rd

Borrower City

Kent

Borrower State

OH

Borrower Zip

44240-7415

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

32500.00

Current Approval Amount

32500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122764

Servicing Lender Name

Portage Community Bank

Servicing Lender Address

1311 E Main St

Servicing Lender City

RAVENNA

Servicing Lender State

OH

Servicing Lender Zip

44266-3329

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kent

Project County Name

PORTAGE

Project State

OH

Project Zip

44240-7415

CD

OH-14

Jobs Reported

4

NAICS Code

532490

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

32498.00

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

122764

Originating Lender

Portage Community Bank

Originating Lender City

RAVENNA

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

32595.69

Forgiveness Date

07/14/2021

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