PPP Loan information for Olstrad engineering corp

$232,500

Olstrad engineering corp was initially approved for PPP Loan of amount $232,500, the current approved amount is $232,500. The loan was approved on 04/14/2020 by The PNC Bank, National Association reported 14 jobs and $232,500 was used to fund payroll.

Olstrad engineering corp is Existing or more than 2 years old

OLSTRAD ENGINEERING CORP

Date Approved

04/14/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

OLSTRAD ENGINEERING CORP

Borrower Address

600 MOGADORE RD

Borrower City

KENT

Borrower State

OH

Borrower Zip

44240-7533

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

232500.00

Current Approval Amount

232500.00

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

14

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

232500.00

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

234217.92

Forgiveness Date

01/12/2021

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