PPP Loan information for Paymax services inc.

$2,000,000

Paymax services inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 03/18/2021 by The The Huntington National Bank reported 151 jobs and $2,000,000 was used to fund payroll.

Paymax services inc. is Existing or more than 2 years old

PPP Loan Search / OH / Cleveland / Paymax services inc.

PAYMAX SERVICES INC.

Date Approved

03/18/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

PAYMAX SERVICES INC.

Borrower Address

629 Euclid Ave Ste 1300

Borrower City

Cleveland

Borrower State

OH

Borrower Zip

44114-3003

Loan Status Date

09/20/2022

Loan Status

Charged Off

Term

42

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

Y

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

44114-3003

CD

OH-11

Jobs Reported

151

NAICS Code

541214

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

Subchapter S Corporation

Originating Lender Location Id

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;