Stedman Machine Company, Inc.

$1,117,272 PPP Loan in Galion, Ohio

Loan Details

Loan Number
1253747105
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$1,117,272
Current Approval
$1,117,272
Forgiveness Amount
$1,128,890
Forgiveness Date
Apr 28, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Stedman Machine Company, Inc.
Address
525 South Market Street 0.0
City
Galion
State
Ohio
ZIP Code
44833-2612
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333922)
Business Age
Existing or more than 2 years old
Jobs Reported
72
Estimated Revenue
$18.9M
Rural/Urban
Rural
Congressional District
OH-05

Loan Use Breakdown

Payroll
$1,097,041
Utilities
$20,231

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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