PPP Loan information for Performance elastomers corp

$881,900

Performance elastomers corp was initially approved for PPP Loan of amount $881,900, the current approved amount is $881,900. The loan was approved on 04/08/2020 by The Hometown Bank reported 96 jobs and $881,900 was used to fund payroll.

Performance elastomers corp is New Business or 2 years or less

PPP Loan Search / OH / RAVENNA / Performance elastomers corp

PERFORMANCE ELASTOMERS CORP

Date Approved

04/08/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

PERFORMANCE ELASTOMERS CORP

Borrower Address

7162 State Route 88

Borrower City

RAVENNA

Borrower State

OH

Borrower Zip

44266-9189

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

881900.00

Current Approval Amount

881900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

86390

Servicing Lender Name

Hometown Bank

Servicing Lender Address

142 N Water St

Servicing Lender City

KENT

Servicing Lender State

OH

Servicing Lender Zip

44240-2419

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

RAVENNA

Project County Name

PORTAGE

Project State

OH

Project Zip

44266-9189

CD

OH-14

Jobs Reported

96

NAICS Code

326299

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

881900.00

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

86390

Originating Lender

Hometown Bank

Originating Lender City

KENT

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

893732.16

Forgiveness Date

08/12/2021

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