PPP Loan information for The alloy engineering company employee stock ownership plan

$1,322,257

The alloy engineering company employee stock ownership plan was initially approved for PPP Loan of amount $1,322,257, the current approved amount is $1,322,257. The loan was approved on 02/11/2021 by The Fifth Third Bank reported 66 jobs and $1,322,257 was used to fund payroll.

The alloy engineering company employee stock ownership plan is Existing or more than 2 years old

THE ALLOY ENGINEERING COMPANY EMPLOYEE STOCK OWNERSHIP PLAN

Date Approved

02/11/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

THE ALLOY ENGINEERING COMPANY EMPLOYEE STOCK OWNERSHIP PLAN

Borrower Address

844 Thacker St

Borrower City

Berea

Borrower State

OH

Borrower Zip

44017-1659

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1322257.00

Current Approval Amount

1322257.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Berea

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44017-1659

CD

OH-07

Jobs Reported

66

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1322255.00

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

Employee Stock Ownership Plan(ESOP)

Originating Lender Location Id

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1335442.84

Forgiveness Date

02/16/2022

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