PPP Loan information for Albion industries inc

$222,241

Albion industries inc was initially approved for PPP Loan of amount $222,241, the current approved amount is $222,241. The loan was approved on 02/04/2021 by The The Croghan Colonial Bank reported 31 jobs and $222,241 was used to fund payroll.

Albion industries inc is Existing or more than 2 years old

ALBION INDUSTRIES INC

Date Approved

02/04/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

ALBION INDUSTRIES INC

Borrower Address

20246 Progress Dr

Borrower City

Strongsville

Borrower State

OH

Borrower Zip

44149-3218

Loan Status Date

06/24/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

222241.35

Current Approval Amount

222241.35

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57578

Servicing Lender Name

The Croghan Colonial Bank

Servicing Lender Address

323 Croghan St

Servicing Lender City

FREMONT

Servicing Lender State

OH

Servicing Lender Zip

43420-3013

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Strongsville

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44149-3218

CD

OH-07

Jobs Reported

31

NAICS Code

337124

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

222239.35

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

57578

Originating Lender

The Croghan Colonial Bank

Originating Lender City

FREMONT

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

224118.05

Forgiveness Date

12/14/2021

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