PPP Loan information for Obars machine and tool company

$474,400

Obars machine and tool company was initially approved for PPP Loan of amount $474,400, the current approved amount is $474,400. The loan was approved on 04/14/2020 by The Signature Bank, National Association reported 33 jobs and $474,400 was used to fund payroll.

Obars machine and tool company is Existing or more than 2 years old

PPP Loan Search / OH / TOLEDO / Obars machine and tool company

OBARS MACHINE AND TOOL COMPANY

Date Approved

04/14/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

OBARS MACHINE AND TOOL COMPANY

Borrower Address

115 WESTWOOD AVE

Borrower City

TOLEDO

Borrower State

OH

Borrower Zip

43607-3341

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

474400.00

Current Approval Amount

474400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

256729

Servicing Lender Name

Signature Bank, National Association

Servicing Lender Address

4607 W Sylvania Ave

Servicing Lender City

TOLEDO

Servicing Lender State

OH

Servicing Lender Zip

43623-3203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

TOLEDO

Project County Name

LUCAS

Project State

OH

Project Zip

43607-3341

CD

OH-09

Jobs Reported

33

NAICS Code

333514

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

14500.00

Payroll Proceed

392900.00

Mortgage Interest Proceed

0.00

Rent Proceed

14000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

50000.00

Debt Interest Proceed

3000

Business Type

Corporation

Originating Lender Location Id

256729

Originating Lender

Signature Bank, National Association

Originating Lender City

TOLEDO

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

477753.29

Forgiveness Date

01/07/2021

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