PPP Loan information for Stamco industries inc

$306,968

Stamco industries inc was initially approved for PPP Loan of amount $306,968, the current approved amount is $306,968. The loan was approved on 03/12/2021 by The Northwest Bank reported 24 jobs and $306,968 was used to fund payroll.

Stamco industries inc is Existing or more than 2 years old

STAMCO INDUSTRIES INC

Date Approved

03/12/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

STAMCO INDUSTRIES INC

Borrower Address

26650 Lakeland Blvd

Borrower City

Euclid

Borrower State

OH

Borrower Zip

44132-2644

Loan Status Date

02/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

306967.50

Current Approval Amount

306967.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78723

Servicing Lender Name

Northwest Bank

Servicing Lender Address

Liberty & Second St

Servicing Lender City

WARREN

Servicing Lender State

PA

Servicing Lender Zip

16365

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Euclid

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44132-2644

CD

OH-11

Jobs Reported

24

NAICS Code

332999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

306966.50

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

78723

Originating Lender

Northwest Bank

Originating Lender City

WARREN

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

309557.80

Forgiveness Date

01/19/2022

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