PPP Loan information for Power-pack conveyor company

$381,168

Power-pack conveyor company was initially approved for PPP Loan of amount $381,168, the current approved amount is $381,168. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 43 jobs and $381,168 was used to fund payroll.

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

POWER-PACK CONVEYOR COMPANY

Date Approved

05/01/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

POWER-PACK CONVEYOR COMPANY

Borrower Address

38363 AIRPORT PKWY

Borrower City

WILLOUGHBY

Borrower State

OH

Borrower Zip

44094

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

381168.00

Current Approval Amount

381168.00

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

44094-2900

CD

OH-14

Jobs Reported

43

NAICS Code

423830

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

16034.00

Payroll Proceed

249950.00

Mortgage Interest Proceed

0.00

Rent Proceed

60000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

55184.00

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

385847.68

Forgiveness Date

07/27/2021

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