PPP Loan information for Radial grinding & manufacturing corporation

$200,000

Radial grinding & manufacturing corporation was initially approved for PPP Loan of amount $200,000, the current approved amount is $200,000. The loan was approved on 05/01/2020 by The Fifth Third Bank reported 24 jobs and $200,000 was used to fund payroll.

Radial grinding & manufacturing corporation is Existing or more than 2 years old

RADIAL GRINDING & MANUFACTURING CORPORATION

Date Approved

05/01/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

RADIAL GRINDING & MANUFACTURING CORPORATION

Borrower Address

585 MASSILLON RD

Borrower City

AKRON

Borrower State

OH

Borrower Zip

44306

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

200000.00

Current Approval Amount

200000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

AKRON

Project County Name

SUMMIT

Project State

OH

Project Zip

44306-0001

CD

OH-13

Jobs Reported

24

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

200000.00

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

202733.33

Forgiveness Date

09/27/2021

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