Union Process, Inc.

$561,250 PPP Loan in Akron, Ohio

Loan Details

Loan Number
2425587205
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$561,250
Current Approval
$561,250
Forgiveness Amount
$567,453
Forgiveness Date
Jun 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Union Process, Inc.
Address
1925 Akron Peninsula Road
City
Akron
State
Ohio
ZIP Code
44313
Business Type
Corporation
Industry (NAICS)
Manufacturing (333999)
Business Age
Existing or more than 2 years old
Jobs Reported
25
Estimated Revenue
$6.5M
Rural/Urban
Urban
Congressional District
OH-13

Loan Use Breakdown

Payroll
$387,500
Rent
$37,500
Utilities
$50,250
Health Care
$75,000
Mortgage Interest
$11,000

Lender Information

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

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