PPP Loan information for Canton bandag co.

$92,600

Canton bandag co. was initially approved for PPP Loan of amount $92,600, the current approved amount is $92,600. The loan was approved on 04/09/2020 by The The Bank of Magnolia Company reported 13 jobs and $92,600 was used to fund payroll.

Canton bandag co. is Existing or more than 2 years old

CANTON BANDAG CO.

Date Approved

04/09/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

CANTON BANDAG CO.

Borrower Address

3321 Bruening Ave SW

Borrower City

Canton

Borrower State

OH

Borrower Zip

44706-4100

Loan Status Date

03/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

92600.00

Current Approval Amount

92600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57711

Servicing Lender Name

The Bank of Magnolia Company

Servicing Lender Address

122 N Main St

Servicing Lender City

MAGNOLIA

Servicing Lender State

OH

Servicing Lender Zip

44643-9216

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Canton

Project County Name

STARK

Project State

OH

Project Zip

44706-4100

CD

OH-13

Jobs Reported

13

NAICS Code

326212

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7400.00

Payroll Proceed

75200.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

57711

Originating Lender

The Bank of Magnolia Company

Originating Lender City

MAGNOLIA

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

83152.18

Forgiveness Date

12/10/2020

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