PPP Loan information for Stuertz machinery inc

$500,000

Stuertz machinery inc was initially approved for PPP Loan of amount $500,000, the current approved amount is $500,000. The loan was approved on 07/24/2020 by The Fifth Third Bank reported 31 jobs and $500,000 was used to fund payroll.

Stuertz machinery inc is Existing or more than 2 years old

STUERTZ MACHINERY INC

Date Approved

07/24/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

STUERTZ MACHINERY INC

Borrower Address

1910 SUMMIT COMMERCE PARK

Borrower City

TWINSBURG

Borrower State

OH

Borrower Zip

44087-2372

Loan Status Date

05/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

500000.00

Current Approval Amount

500000.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TWINSBURG

Project County Name

SUMMIT

Project State

OH

Project Zip

44087-2372

CD

OH-13

Jobs Reported

31

NAICS Code

423840

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

500000.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

503319.44

Forgiveness Date

03/30/2021

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