PPP Loan information for Faxon machining, inc

$1,681,100

Faxon machining, inc was initially approved for PPP Loan of amount $1,681,100, the current approved amount is $1,681,100. The loan was approved on 04/09/2020 by The Civista Bank reported 116 jobs and $1,681,100 was used to fund payroll.

Faxon machining, inc is Existing or more than 2 years old

PPP Loan Search / OH / CINCINNATI / Faxon machining, inc

FAXON MACHINING, INC

Date Approved

04/09/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

FAXON MACHINING, INC

Borrower Address

11101 ADWOOD DR

Borrower City

CINCINNATI

Borrower State

OH

Borrower Zip

45240-3235

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1681100.00

Current Approval Amount

1681100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58322

Servicing Lender Name

Civista Bank

Servicing Lender Address

100 E Water St

Servicing Lender City

SANDUSKY

Servicing Lender State

OH

Servicing Lender Zip

44870-2524

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CINCINNATI

Project County Name

HAMILTON

Project State

OH

Project Zip

45240-3235

CD

OH-08

Jobs Reported

116

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

48600.00

Payroll Proceed

1334921.00

Mortgage Interest Proceed

0.00

Rent Proceed

95000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

154340.00

Debt Interest Proceed

48239

Business Type

Corporation

Originating Lender Location Id

58322

Originating Lender

Civista Bank

Originating Lender City

SANDUSKY

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1698004.39

Forgiveness Date

04/13/2021

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