PPP Loan information for Akron special machinery inc.

$599,130

Akron special machinery inc. was initially approved for PPP Loan of amount $599,130, the current approved amount is $599,130. The loan was approved on 03/23/2021 by The First National Bank of Pennsylvania reported 38 jobs and $599,130 was used to fund payroll.

Akron special machinery inc. is Existing or more than 2 years old

AKRON SPECIAL MACHINERY INC.

Date Approved

03/23/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

AKRON SPECIAL MACHINERY INC.

Borrower Address

2740 Cory Ave

Borrower City

Akron

Borrower State

OH

Borrower Zip

44314-1339

Loan Status Date

08/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

599130.00

Current Approval Amount

599130.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60275

Servicing Lender Name

First National Bank of Pennsylvania

Servicing Lender Address

166 Main St

Servicing Lender City

GREENVILLE

Servicing Lender State

PA

Servicing Lender Zip

16125-2146

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Akron

Project County Name

SUMMIT

Project State

OH

Project Zip

44314-1339

CD

OH-13

Jobs Reported

38

NAICS Code

333249

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

599124.00

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

60275

Originating Lender

First National Bank of Pennsylvania

Originating Lender City

GREENVILLE

Originating Lender State

PA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

606619.12

Forgiveness Date

07/05/2022

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