PPP Loan information for Federal machinery & equipment company

$631,500

Federal machinery & equipment company was initially approved for PPP Loan of amount $631,500, the current approved amount is $631,500. The loan was approved on 04/10/2020 by The PNC Bank, National Association reported 39 jobs and $631,500 was used to fund payroll.

Federal machinery & equipment company is Existing or more than 2 years old

PPP Loan Search / OH / CLEVELAND / Federal machinery & equipment company

FEDERAL MACHINERY & EQUIPMENT COMPANY

Date Approved

04/10/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

FEDERAL MACHINERY & EQUIPMENT COMPANY

Borrower Address

8200 Bessemer Ave

Borrower City

CLEVELAND

Borrower State

OH

Borrower Zip

44127-1837

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

631500.00

Current Approval Amount

631500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CLEVELAND

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44127-1837

CD

OH-11

Jobs Reported

39

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

631500.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

638692.08

Forgiveness Date

05/28/2021

;