PPP Loan information for Pax machine works inc

$2,000,000

Pax machine works inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 03/25/2021 by The The Park National Bank reported 208 jobs and $2,000,000 was used to fund payroll.

Pax machine works inc is Existing or more than 2 years old

PAX MACHINE WORKS INC

Date Approved

03/25/2021

SBA Office Code

0593

Processing Method

PPS

Borrower Name

PAX MACHINE WORKS INC

Borrower Address

5139 Monroe Rd

Borrower City

Celina

Borrower State

OH

Borrower Zip

45822-9033

Loan Status Date

10/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57912

Servicing Lender Name

The Park National Bank

Servicing Lender Address

50 N Third St

Servicing Lender City

NEWARK

Servicing Lender State

OH

Servicing Lender Zip

43055-5523

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Celina

Project County Name

MERCER

Project State

OH

Project Zip

45822-9033

CD

OH-05

Jobs Reported

208

NAICS Code

336370

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

Subchapter S Corporation

Originating Lender Location Id

57912

Originating Lender

The Park National Bank

Originating Lender City

NEWARK

Originating Lender State

OH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2008602.74

Forgiveness Date

09/07/2021

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