PPP Loan information for Proformex, inc

$583,700

Proformex, inc was initially approved for PPP Loan of amount $583,700, the current approved amount is $583,700. The loan was approved on 04/05/2020 by The Westfield Bank, FSB reported 38 jobs and $583,700 was used to fund payroll.

Proformex, inc is New Business or 2 years or less

PROFORMEX, INC

Date Approved

04/05/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

PROFORMEX, INC

Borrower Address

1001 LAKESIDE AVE, STE 1010

Borrower City

CLEVELAND

Borrower State

OH

Borrower Zip

44114-1172

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

583700.00

Current Approval Amount

583700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

222943

Servicing Lender Name

Westfield Bank, FSB

Servicing Lender Address

Two Park Cir

Servicing Lender City

WESTFIELD CENTER

Servicing Lender State

OH

Servicing Lender Zip

44251

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

CLEVELAND

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44114-1172

CD

OH-11

Jobs Reported

38

NAICS Code

511210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

583700.00

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

222943

Originating Lender

Westfield Bank, FSB

Originating Lender City

WESTFIELD CENTER

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

586994.31

Forgiveness Date

11/03/2020

;