PPP Loan information for Myocare nursing home inc

$997,033

Myocare nursing home inc was initially approved for PPP Loan of amount $997,033, the current approved amount is $997,033. The loan was approved on 02/10/2021 by The The Farmers National Bank of Canfield reported 116 jobs and $997,033 was used to fund payroll.

Myocare nursing home inc is Existing or more than 2 years old

PPP Loan Search / OH / Cleveland / Myocare nursing home inc

MYOCARE NURSING HOME INC

Date Approved

02/10/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

MYOCARE NURSING HOME INC

Borrower Address

4401 W 150th St

Borrower City

Cleveland

Borrower State

OH

Borrower Zip

44135-1311

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

997032.50

Current Approval Amount

997032.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53390

Servicing Lender Name

The Farmers National Bank of Canfield

Servicing Lender Address

20 S Broad St

Servicing Lender City

Canfield

Servicing Lender State

OH

Servicing Lender Zip

44406-1401

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Cleveland

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44135-1311

CD

OH-11

Jobs Reported

116

NAICS Code

623110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

997029.50

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

Subchapter S Corporation

Originating Lender Location Id

53390

Originating Lender

The Farmers National Bank of Canfield

Originating Lender City

Canfield

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1003956.34

Forgiveness Date

10/27/2021

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