PPP Loan information for Commac foods, inc

$337,700

Commac foods, inc was initially approved for PPP Loan of amount $337,700, the current approved amount is $337,700. The loan was approved on 04/15/2020 by The Peoples Bank reported 125 jobs and $337,700 was used to fund payroll.

Commac foods, inc is Existing or more than 2 years old

COMMAC FOODS, INC

Date Approved

04/15/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

COMMAC FOODS, INC

Borrower Address

120 E MULBERRY ST

Borrower City

WEST UNION

Borrower State

OH

Borrower Zip

45693-1344

Loan Status Date

06/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

337700.00

Current Approval Amount

337700.00

Undisbursed Amount

0.00

Franchise Name

Ponderosa Steakhouse

Servicing Lender Location Id

57732

Servicing Lender Name

Peoples Bank

Servicing Lender Address

138 Putnam St

Servicing Lender City

MARIETTA

Servicing Lender State

OH

Servicing Lender Zip

45750-2923

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WEST UNION

Project County Name

ADAMS

Project State

OH

Project Zip

45693-1344

CD

OH-02

Jobs Reported

125

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

21765.00

Payroll Proceed

305675.00

Mortgage Interest Proceed

10260.00

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

57732

Originating Lender

Peoples Bank

Originating Lender City

MARIETTA

Originating Lender State

OH

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

339866.91

Forgiveness Date

12/09/2020

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