Akron Bearing Company

$350,510 PPP Loan in Akron, Ohio

Loan Details

Loan Number
2594167209
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$350,510
Current Approval
$350,510
Forgiveness Amount
$354,050
Forgiveness Date
Apr 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Akron Bearing Company
Address
1965 South Arlington Street
City
Akron
State
Ohio
ZIP Code
44306
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423840)
Business Age
Existing or more than 2 years old
Jobs Reported
21
Estimated Revenue
$6.4M
Rural/Urban
Urban
Congressional District
OH-13

Loan Use Breakdown

Payroll
$294,316
Rent
$25,000
Utilities
$6,600
Health Care
$24,594

Lender Information

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

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