PPP Loan information for Ohio aerospace institute

$1,157,600

Ohio aerospace institute was initially approved for PPP Loan of amount $1,157,600, the current approved amount is $1,157,600. The loan was approved on 04/08/2020 by The The Middlefield Banking Company reported 56 jobs and $1,157,600 was used to fund payroll.

Ohio aerospace institute is Existing or more than 2 years old

OHIO AEROSPACE INSTITUTE

Date Approved

04/08/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

OHIO AEROSPACE INSTITUTE

Borrower Address

22800 CEDAR POINT RD

Borrower City

BROOKPARK

Borrower State

OH

Borrower Zip

44142-1012

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1157600.00

Current Approval Amount

1157600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57805

Servicing Lender Name

The Middlefield Banking Company

Servicing Lender Address

15985 E High St

Servicing Lender City

MIDDLEFIELD

Servicing Lender State

OH

Servicing Lender Zip

44062

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BROOKPARK

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44142-1012

CD

OH-07

Jobs Reported

56

NAICS Code

541715

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1157600.00

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

Non-Profit Organization

Originating Lender Location Id

57805

Originating Lender

The Middlefield Banking Company

Originating Lender City

MIDDLEFIELD

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

551797.54

Forgiveness Date

09/14/2021

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