PPP Loan information for Powder alloy corporation

$496,000

Powder alloy corporation was initially approved for PPP Loan of amount $496,000, the current approved amount is $496,000. The loan was approved on 06/26/2020 by The Heritage Bank, Inc. reported 38 jobs and $496,000 was used to fund payroll.

Powder alloy corporation is Existing or more than 2 years old

PPP Loan Search / OH / LOVELAND / Powder alloy corporation

POWDER ALLOY CORPORATION

Date Approved

06/26/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

POWDER ALLOY CORPORATION

Borrower Address

101 NORTHEAST DR

Borrower City

LOVELAND

Borrower State

OH

Borrower Zip

45140-7145

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

496000.00

Current Approval Amount

496000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116820

Servicing Lender Name

Heritage Bank, Inc.

Servicing Lender Address

1818 Florence

Servicing Lender City

Burlington

Servicing Lender State

KY

Servicing Lender Zip

41005

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LOVELAND

Project County Name

HAMILTON

Project State

OH

Project Zip

45140-7145

CD

OH-01

Jobs Reported

38

NAICS Code

331110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

496000.00

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

116820

Originating Lender

Heritage Bank, Inc.

Originating Lender City

Burlington

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

501150.25

Forgiveness Date

07/15/2021

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