PPP Loan information for The federal metal company

$1,339,055

The federal metal company was initially approved for PPP Loan of amount $1,339,055, the current approved amount is $1,339,055. The loan was approved on 04/10/2021 by The The Middlefield Banking Company reported 91 jobs and $1,339,055 was used to fund payroll.

The federal metal company is Existing or more than 2 years old

THE FEDERAL METAL COMPANY

Date Approved

04/10/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

THE FEDERAL METAL COMPANY

Borrower Address

7250 Division St

Borrower City

Bedford Hts

Borrower State

OH

Borrower Zip

44146-5406

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1339055.00

Current Approval Amount

1339055.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57805

Servicing Lender Name

The Middlefield Banking Company

Servicing Lender Address

15985 E High St

Servicing Lender City

MIDDLEFIELD

Servicing Lender State

OH

Servicing Lender Zip

44062

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bedford Hts

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44146-5406

CD

OH-07

Jobs Reported

91

NAICS Code

331420

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1339053.00

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

57805

Originating Lender

The Middlefield Banking Company

Originating Lender City

MIDDLEFIELD

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1347823.06

Forgiveness Date

12/08/2021

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