PPP Loan information for Polymer machinery company inc

$188,547

Polymer machinery company inc was initially approved for PPP Loan of amount $188,547, the current approved amount is $188,547. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 8 jobs and $188,547 was used to fund payroll.

Polymer machinery company inc is Existing or more than 2 years old

POLYMER MACHINERY COMPANY INC

Date Approved

05/01/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

POLYMER MACHINERY COMPANY INC

Borrower Address

154 POTOMAC AVE UNIT B

Borrower City

TALLMADGE

Borrower State

OH

Borrower Zip

44278

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

188547.00

Current Approval Amount

188547.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

TALLMADGE

Project County Name

SUMMIT

Project State

OH

Project Zip

44278-0001

CD

OH-13

Jobs Reported

8

NAICS Code

423830

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6000.00

Payroll Proceed

159022.00

Mortgage Interest Proceed

0.00

Rent Proceed

11000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

12525.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

189927.69

Forgiveness Date

01/26/2021

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