PPP Loan information for Power-pack conveyor company

$312,427

Power-pack conveyor company was initially approved for PPP Loan of amount $312,427, the current approved amount is $312,427. The loan was approved on 03/12/2021 by The JPMorgan Chase Bank, National Association reported 28 jobs and $312,427 was used to fund payroll.

Power-pack conveyor company is Existing or more than 2 years old

POWER-PACK CONVEYOR COMPANY

Date Approved

03/12/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

POWER-PACK CONVEYOR COMPANY

Borrower Address

38363 Airport Pkwy

Borrower City

Willoughby

Borrower State

OH

Borrower Zip

44094-7562

Loan Status Date

01/21/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

312427.00

Current Approval Amount

312427.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Willoughby

Project County Name

LAKE

Project State

OH

Project Zip

44094-7562

CD

OH-14

Jobs Reported

28

NAICS Code

333922

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

312427.00

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

314740.35

Forgiveness Date

12/14/2021

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