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Carter Machine Company, Inc.

$670,000 PPP Loan in Galion, Ohio

Loan Details

Loan Number
1245347201
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$670,000
Current Approval
$670,000
Forgiveness Amount
$679,082
Forgiveness Date
Aug 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Carter Machine Company, Inc.
Address
820 Edward St
City
Galion
State
Ohio
ZIP Code
44833-2223
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
58
Estimated Revenue
$14.2M
Rural/Urban
Rural
Congressional District
OH-05

Loan Use Breakdown

Payroll
$536,000
Utilities
$134,000

Lender Information

Servicing Lender
The Old Fort Banking Company
Originating Lender
The Old Fort Banking Company

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