PPP Loan information for Polen implement, inc.

$362,000

Polen implement, inc. was initially approved for PPP Loan of amount $362,000, the current approved amount is $362,000. The loan was approved on 04/27/2020 by The Buckeye Community Bank reported 32 jobs and $362,000 was used to fund payroll.

Polen implement, inc. is Existing or more than 2 years old

POLEN IMPLEMENT, INC.

Date Approved

04/27/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

POLEN IMPLEMENT, INC.

Borrower Address

42255 Oberlin Elyria Road

Borrower City

Elyria

Borrower State

OH

Borrower Zip

44035-7413

Loan Status Date

11/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

362000.00

Current Approval Amount

362000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124127

Servicing Lender Name

Buckeye Community Bank

Servicing Lender Address

105 Sheffield Ctr

Servicing Lender City

LORAIN

Servicing Lender State

OH

Servicing Lender Zip

44055-3134

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Elyria

Project County Name

LORAIN

Project State

OH

Project Zip

44035-7413

CD

OH-05

Jobs Reported

32

NAICS Code

423820

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

362000.00

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

124127

Originating Lender

Buckeye Community Bank

Originating Lender City

LORAIN

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

353784.11

Forgiveness Date

11/03/2020

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