PPP Loan information for Newark production machining ltd

$86,596

Newark production machining ltd was initially approved for PPP Loan of amount $86,596, the current approved amount is $86,596. The loan was approved on 01/28/2021 by The The Park National Bank reported 9 jobs and $86,596 was used to fund payroll.

Newark production machining ltd is Existing or more than 2 years old

PPP Loan Search / OH / Newark / Newark production machining ltd

NEWARK PRODUCTION MACHINING LTD

Date Approved

01/28/2021

SBA Office Code

0593

Processing Method

PPS

Borrower Name

NEWARK PRODUCTION MACHINING LTD

Borrower Address

160 Obannon Ave

Borrower City

Newark

Borrower State

OH

Borrower Zip

43055-6743

Loan Status Date

02/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

86595.60

Current Approval Amount

86595.60

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57912

Servicing Lender Name

The Park National Bank

Servicing Lender Address

50 N Third St

Servicing Lender City

NEWARK

Servicing Lender State

OH

Servicing Lender Zip

43055-5523

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Newark

Project County Name

LICKING

Project State

OH

Project Zip

43055-6743

CD

OH-12

Jobs Reported

9

NAICS Code

332710

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

86593.60

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

57912

Originating Lender

The Park National Bank

Originating Lender City

NEWARK

Originating Lender State

OH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

86306.16

Forgiveness Date

12/09/2021

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