PPP Loan information for Herman machine inc.

$242,355

Herman machine inc. was initially approved for PPP Loan of amount $242,355, the current approved amount is $242,355. The loan was approved on 03/12/2021 by The JPMorgan Chase Bank, National Association reported 23 jobs and $242,355 was used to fund payroll.

Herman machine inc. is Existing or more than 2 years old

HERMAN MACHINE INC.

Date Approved

03/12/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

HERMAN MACHINE INC.

Borrower Address

298 Northeast Ave

Borrower City

Tallmadge

Borrower State

OH

Borrower Zip

44278-1428

Loan Status Date

06/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

242355.00

Current Approval Amount

242355.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Tallmadge

Project County Name

SUMMIT

Project State

OH

Project Zip

44278-1428

CD

OH-13

Jobs Reported

23

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

242354.00

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

245218.29

Forgiveness Date

05/25/2022

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