PPP Loan information for Toledo elevator and machine co.

$527,600

Toledo elevator and machine co. was initially approved for PPP Loan of amount $527,600, the current approved amount is $527,600. The loan was approved on 04/11/2020 by The Signature Bank, National Association reported 18 jobs and $527,600 was used to fund payroll.

Toledo elevator and machine co. is Existing or more than 2 years old

TOLEDO ELEVATOR AND MACHINE CO.

Date Approved

04/11/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

TOLEDO ELEVATOR AND MACHINE CO.

Borrower Address

1402 JACKSON ST

Borrower City

TOLEDO

Borrower State

OH

Borrower Zip

43604-5212

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

527600.00

Current Approval Amount

527600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

256729

Servicing Lender Name

Signature Bank, National Association

Servicing Lender Address

4607 W Sylvania Ave

Servicing Lender City

TOLEDO

Servicing Lender State

OH

Servicing Lender Zip

43623-3203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

TOLEDO

Project County Name

LUCAS

Project State

OH

Project Zip

43604-5212

CD

OH-09

Jobs Reported

18

NAICS Code

238290

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2650.00

Payroll Proceed

396000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

128950.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

256729

Originating Lender

Signature Bank, National Association

Originating Lender City

TOLEDO

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

533699.92

Forgiveness Date

06/11/2021

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