PPP Loan information for Russell equipment co. inc.

$711,357

Russell equipment co. inc. was initially approved for PPP Loan of amount $711,357, the current approved amount is $711,357. The loan was approved on 04/05/2020 by The Westfield Bank, FSB reported 37 jobs and $711,357 was used to fund payroll.

Russell equipment co. inc. is Existing or more than 2 years old

RUSSELL EQUIPMENT CO. INC.

Date Approved

04/05/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

RUSSELL EQUIPMENT CO. INC.

Borrower Address

8500 HADDEN RD

Borrower City

TWINSBURG

Borrower State

OH

Borrower Zip

44087-2114

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

711357.00

Current Approval Amount

711357.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

222943

Servicing Lender Name

Westfield Bank, FSB

Servicing Lender Address

Two Park Cir

Servicing Lender City

WESTFIELD CENTER

Servicing Lender State

OH

Servicing Lender Zip

44251

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TWINSBURG

Project County Name

SUMMIT

Project State

OH

Project Zip

44087-2114

CD

OH-13

Jobs Reported

37

NAICS Code

423830

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

711357.00

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

222943

Originating Lender

Westfield Bank, FSB

Originating Lender City

WESTFIELD CENTER

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

716073.39

Forgiveness Date

12/09/2020

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