PPP Loan information for Material processing and handling company

$111,042

Material processing and handling company was initially approved for PPP Loan of amount $111,042, the current approved amount is $111,042. The loan was approved on 03/18/2021 by The U.S. Bank, National Association reported 12 jobs and $111,042 was used to fund payroll.

Material processing and handling company is Existing or more than 2 years old

MATERIAL PROCESSING AND HANDLING COMPANY

Date Approved

03/18/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

MATERIAL PROCESSING AND HANDLING COMPANY

Borrower Address

1150 State St

Borrower City

Fostoria

Borrower State

OH

Borrower Zip

44830-3007

Loan Status Date

04/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

111042.00

Current Approval Amount

111042.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Fostoria

Project County Name

SENECA

Project State

OH

Project Zip

44830-3007

CD

OH-05

Jobs Reported

12

NAICS Code

325211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

111039.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

112124.66

Forgiveness Date

03/10/2022

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