PPP Loan information for Efficient machine products corporation

$428,200

Efficient machine products corporation was initially approved for PPP Loan of amount $466,600, the current approved amount is $428,200. The loan was approved on 04/05/2020 by The Dollar Bank, A Federal Savings Bank reported 36 jobs and $428,200 was used to fund payroll.

Efficient machine products corporation is Existing or more than 2 years old

EFFICIENT MACHINE PRODUCTS CORPORATION

Date Approved

04/05/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

EFFICIENT MACHINE PRODUCTS CORPORATION

Borrower Address

12133 ALAMEDA DR

Borrower City

STRONGSVILLE

Borrower State

OH

Borrower Zip

44149-3018

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

466600.00

Current Approval Amount

428200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

88967

Servicing Lender Name

Dollar Bank, A Federal Savings Bank

Servicing Lender Address

20 Stanwix Street, 18th Floor

Servicing Lender City

PITTSBURGH

Servicing Lender State

PA

Servicing Lender Zip

15222

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

44149-3018

CD

OH-07

Jobs Reported

36

NAICS Code

332710

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

428200.00

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

88967

Originating Lender

Dollar Bank, A Federal Savings Bank

Originating Lender City

PITTSBURGH

Originating Lender State

PA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

431804.02

Forgiveness Date

02/19/2021

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