PPP Loan information for Lorain armature machine repair corporation

$19,031

Lorain armature machine repair corporation was initially approved for PPP Loan of amount $19,031, the current approved amount is $19,031. The loan was approved on 05/01/2020 by The The Huntington National Bank reported 5 jobs and $19,031 was used to fund payroll.

Lorain armature machine repair corporation is New Business or 2 years or less

LORAIN ARMATURE MACHINE REPAIR CORPORATION

Date Approved

05/01/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

LORAIN ARMATURE MACHINE REPAIR CORPORATION

Borrower Address

960 Sunnyside Road

Borrower City

Vermilion

Borrower State

OH

Borrower Zip

44089

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

19031.00

Current Approval Amount

19031.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Vermilion

Project County Name

ERIE

Project State

OH

Project Zip

44089-0001

CD

OH-09

Jobs Reported

5

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

19031.00

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

Subchapter S Corporation

Originating Lender Location Id

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

19198.89

Forgiveness Date

03/25/2021

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