PPP Loan information for Logan machine company

$713,750

Logan machine company was initially approved for PPP Loan of amount $713,750, the current approved amount is $713,750. The loan was approved on 04/10/2020 by The Portage Community Bank reported 63 jobs and $713,750 was used to fund payroll.

Logan machine company is Existing or more than 2 years old

PPP Loan Search / OH / Akron / Logan machine company

LOGAN MACHINE COMPANY

Date Approved

04/10/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

LOGAN MACHINE COMPANY

Borrower Address

1405 Home Ave

Borrower City

Akron

Borrower State

OH

Borrower Zip

44310

Loan Status Date

05/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

713750.00

Current Approval Amount

713750.00

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

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

44310-0001

CD

OH-13

Jobs Reported

63

NAICS Code

333999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

713750.00

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

Unanswered

Non Profit

Forgiveness Amount

708109.34

Forgiveness Date

11/27/2020

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