PPP Loan information for Portage development board

$54,400

Portage development board was initially approved for PPP Loan of amount $54,400, the current approved amount is $54,400. The loan was approved on 04/10/2020 by The Hometown Bank reported 4 jobs and $54,400 was used to fund payroll.

Portage development board is Existing or more than 2 years old

PORTAGE DEVELOPMENT BOARD

Date Approved

04/10/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

PORTAGE DEVELOPMENT BOARD

Borrower Address

217 S Chestnut Street

Borrower City

RAVENNA

Borrower State

OH

Borrower Zip

44266-3001

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

54400.00

Current Approval Amount

54400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

86390

Servicing Lender Name

Hometown Bank

Servicing Lender Address

142 N Water St

Servicing Lender City

KENT

Servicing Lender State

OH

Servicing Lender Zip

44240-2419

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

RAVENNA

Project County Name

PORTAGE

Project State

OH

Project Zip

44266-3001

CD

OH-14

Jobs Reported

4

NAICS Code

813219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

54400.00

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

Non-Profit Organization

Originating Lender Location Id

86390

Originating Lender

Hometown Bank

Originating Lender City

KENT

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

54860.89

Forgiveness Date

02/17/2021

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