Power-Pack Conveyor Company

$381,168 PPP Loan in Willoughby, Ohio

Loan Details

Loan Number
2176647709
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$381,168
Current Approval
$381,168
Forgiveness Amount
$385,848
Forgiveness Date
Jul 27, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Power-Pack Conveyor Company
Address
38363 Airport Pkwy
State
Ohio
ZIP Code
44094
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423830)
Business Age
Existing or more than 2 years old
Jobs Reported
43
Estimated Revenue
$13.2M
Rural/Urban
Urban
Congressional District
OH-14

Loan Use Breakdown

Payroll
$249,950
Rent
$60,000
Utilities
$16,034
Health Care
$55,184

Lender Information

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

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