PPP Loan information for Presrite corporation

$6,250,000

Presrite corporation was initially approved for PPP Loan of amount $6,250,000, the current approved amount is $6,250,000. The loan was approved on 04/10/2020 by The JPMorgan Chase Bank, National Association reported 387 jobs and $6,250,000 was used to fund payroll.

Presrite corporation is Existing or more than 2 years old

PPP Loan Search / OH / Cleveland / Presrite corporation

PRESRITE CORPORATION

Date Approved

04/10/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

PRESRITE CORPORATION

Borrower Address

3665 E. 78th Street 0.0

Borrower City

Cleveland

Borrower State

OH

Borrower Zip

44105-2048

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

6250000.00

Current Approval Amount

6250000.00

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

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

44105-2048

CD

OH-11

Jobs Reported

387

NAICS Code

332111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

750000.00

Payroll Proceed

4800000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

580000.00

Debt Interest Proceed

120000

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

6322479.17

Forgiveness Date

06/11/2021

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