PPP Loan information for Padco industries, llc

$189,000

Padco industries, llc was initially approved for PPP Loan of amount $189,000, the current approved amount is $189,000. The loan was approved on 04/11/2020 by The Premier Bank reported 25 jobs and $189,000 was used to fund payroll.

Padco industries, llc is New Business or 2 years or less

PADCO INDUSTRIES, LLC

Date Approved

04/11/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

PADCO INDUSTRIES, LLC

Borrower Address

10357 KINSMAN RD

Borrower City

NEWBURY

Borrower State

OH

Borrower Zip

44065-8700

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

189000.00

Current Approval Amount

189000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84349

Servicing Lender Name

Premier Bank

Servicing Lender Address

275 W Federal St

Servicing Lender City

YOUNGSTOWN

Servicing Lender State

OH

Servicing Lender Zip

44503

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

NEWBURY

Project County Name

GEAUGA

Project State

OH

Project Zip

44065-8700

CD

OH-14

Jobs Reported

25

NAICS Code

326199

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

189000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

84349

Originating Lender

Premier Bank

Originating Lender City

YOUNGSTOWN

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

190417.50

Forgiveness Date

01/20/2021

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