PPP Loan information for Pressco technology inc.

$2,248,230

Pressco technology inc. was initially approved for PPP Loan of amount $2,248,230, the current approved amount is $2,248,230. The loan was approved on 04/09/2020 by The JPMorgan Chase Bank, National Association reported 121 jobs and $2,248,230 was used to fund payroll.

Pressco technology inc. is Existing or more than 2 years old

PRESSCO TECHNOLOGY INC.

Date Approved

04/09/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

PRESSCO TECHNOLOGY INC.

Borrower Address

29200 Aurora Road 0.0

Borrower City

Cleveland

Borrower State

OH

Borrower Zip

44139-1847

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2248230.00

Current Approval Amount

2248230.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

Cleveland

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44139-1847

CD

OH-07

Jobs Reported

121

NAICS Code

339999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

18230.00

Payroll Proceed

1944000.00

Mortgage Interest Proceed

6000.00

Rent Proceed

80000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

200000.00

Debt Interest Proceed

0

Business Type

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

2277668.07

Forgiveness Date

08/05/2021

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