PPP Loan information for Obars machine & tool co

$474,450

Obars machine & tool co was initially approved for PPP Loan of amount $474,450, the current approved amount is $474,450. The loan was approved on 02/10/2021 by The Signature Bank, National Association reported 24 jobs and $474,450 was used to fund payroll.

Obars machine & tool co is Existing or more than 2 years old

PPP Loan Search / OH / Toledo / Obars machine & tool co

OBARS MACHINE & TOOL CO

Date Approved

02/10/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

OBARS MACHINE & TOOL CO

Borrower Address

115 N Westwood Ave # 125

Borrower City

Toledo

Borrower State

OH

Borrower Zip

43607-3341

Loan Status Date

02/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

474450.00

Current Approval Amount

474450.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

256729

Servicing Lender Name

Signature Bank, National Association

Servicing Lender Address

4607 W Sylvania Ave

Servicing Lender City

TOLEDO

Servicing Lender State

OH

Servicing Lender Zip

43623-3203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Toledo

Project County Name

LUCAS

Project State

OH

Project Zip

43607-3341

CD

OH-09

Jobs Reported

24

NAICS Code

332710

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

474446.00

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

256729

Originating Lender

Signature Bank, National Association

Originating Lender City

TOLEDO

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

478687.55

Forgiveness Date

01/11/2022

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