Date Approved
01/23/2021
SBA Office Code
0593
Processing Method
PPS
Borrower Name
FRICTION METALS LLC
Borrower Address
740 W Center St
Borrower City
Marion
Borrower State
OH
Borrower Zip
43302-3550
Loan Status Date
05/19/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
91900.77
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
59954
Servicing Lender Name
CNB Bank
Servicing Lender Address
31 S Second St
Servicing Lender City
CLEARFIELD
Servicing Lender State
PA
Servicing Lender Zip
16830
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MARION
Project State
Project Zip
CD
OH-04
Jobs Reported
10
NAICS Code
339999
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
91894.77
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
92990.99
Forgiveness Date
04/08/2022