PPP Loan information for Portage industries inc

$425,900

Portage industries inc was initially approved for PPP Loan of amount $425,900, the current approved amount is $425,900. The loan was approved on 02/12/2021 by The Hometown Bank reported 157 jobs and $425,900 was used to fund payroll.

Portage industries inc is Existing or more than 2 years old

PORTAGE INDUSTRIES INC

Date Approved

02/12/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

PORTAGE INDUSTRIES INC

Borrower Address

7008 State Route 88

Borrower City

Ravenna

Borrower State

OH

Borrower Zip

44266-9188

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

425900.00

Current Approval Amount

425900.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ravenna

Project County Name

PORTAGE

Project State

OH

Project Zip

44266-9188

CD

OH-14

Jobs Reported

157

NAICS Code

624310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

425896.00

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

428904.96

Forgiveness Date

11/01/2021

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