PPP Loan information for The ericson manufacturing co.

$773,500

The ericson manufacturing co. was initially approved for PPP Loan of amount $773,500, the current approved amount is $773,500. The loan was approved on 04/14/2020 by The CNB Bank reported 73 jobs and $773,500 was used to fund payroll.

The ericson manufacturing co. is Existing or more than 2 years old

PPP Loan Search / OH / WILLOUGHBY / The ericson manufacturing co.

THE ERICSON MANUFACTURING CO.

Date Approved

04/14/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

THE ERICSON MANUFACTURING CO.

Borrower Address

4323 HAMANN PKWY

Borrower City

WILLOUGHBY

Borrower State

OH

Borrower Zip

44094-5625

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

773500.00

Current Approval Amount

773500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59954

Servicing Lender Name

CNB Bank

Servicing Lender Address

31 S Second St

Servicing Lender City

CLEARFIELD

Servicing Lender State

PA

Servicing Lender Zip

16830

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

44094-5625

CD

OH-14

Jobs Reported

73

NAICS Code

335999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

30000.00

Payroll Proceed

660000.00

Mortgage Interest Proceed

0.00

Rent Proceed

83500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

59954

Originating Lender

CNB Bank

Originating Lender City

CLEARFIELD

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

778437.68

Forgiveness Date

12/10/2020

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