PPP Loan information for Olstrad engineering corp

$197,125

Olstrad engineering corp was initially approved for PPP Loan of amount $197,125, the current approved amount is $197,125. The loan was approved on 01/25/2021 by The PNC Bank, National Association reported 12 jobs and $197,125 was used to fund payroll.

Olstrad engineering corp is Existing or more than 2 years old

OLSTRAD ENGINEERING CORP

Date Approved

01/25/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

OLSTRAD ENGINEERING CORP

Borrower Address

600 Mogadore Rd

Borrower City

Kent

Borrower State

OH

Borrower Zip

44240-7533

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

197125.00

Current Approval Amount

197125.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Kent

Project County Name

PORTAGE

Project State

OH

Project Zip

44240-7533

CD

OH-14

Jobs Reported

12

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

197123.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

198400.84

Forgiveness Date

09/20/2021

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