PPP Loan information for Acro tool & die company

$550,772

Acro tool & die company was initially approved for PPP Loan of amount $550,772, the current approved amount is $550,772. The loan was approved on 05/29/2020 by The JPMorgan Chase Bank, National Association reported 34 jobs and $550,772 was used to fund payroll.

Acro tool & die company is Existing or more than 2 years old

ACRO TOOL & DIE COMPANY

Date Approved

05/29/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

ACRO TOOL & DIE COMPANY

Borrower Address

325 Morgan Avenue

Borrower City

AKRON

Borrower State

OH

Borrower Zip

44311-2423

Loan Status Date

07/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

550772.00

Current Approval Amount

550772.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

AKRON

Project County Name

SUMMIT

Project State

OH

Project Zip

44311-2423

CD

OH-13

Jobs Reported

34

NAICS Code

333514

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

20000.00

Payroll Proceed

437772.00

Mortgage Interest Proceed

0.00

Rent Proceed

20000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

73000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

556469.43

Forgiveness Date

06/17/2021

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