PPP Loan information for Ferrous metal processing, inc.

$2,285,855

Ferrous metal processing, inc. was initially approved for PPP Loan of amount $2,285,855, the current approved amount is $2,285,855. The loan was approved on 04/13/2020 by The KeyBank National Association reported 139 jobs and $2,285,855 was used to fund payroll.

Ferrous metal processing, inc. is Unanswered

FERROUS METAL PROCESSING, INC.

Date Approved

04/13/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

FERROUS METAL PROCESSING, INC.

Borrower Address

11103 Memphis Avenue

Borrower City

BROOKLYN

Borrower State

OH

Borrower Zip

44144-2055

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2285855.00

Current Approval Amount

2285855.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

56102

Servicing Lender Name

KeyBank National Association

Servicing Lender Address

127 Public Sq

Servicing Lender City

CLEVELAND

Servicing Lender State

OH

Servicing Lender Zip

44114-1217

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

BROOKLYN

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44144-2055

CD

OH-07

Jobs Reported

139

NAICS Code

423510

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2285855.00

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

56102

Originating Lender

KeyBank National Association

Originating Lender City

CLEVELAND

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2318608.48

Forgiveness Date

09/23/2021

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