State and Federal Communications, Inc.

$600,000 PPP Loan in Akron, Ohio

Loan Details

Loan Number
3539727703
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$600,000
Current Approval
$600,000
Forgiveness Amount
$606,370
Forgiveness Date
May 27, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
State and Federal Communications, Inc.
Address
80 South Summit Street Suite 100
City
Akron
State
Ohio
ZIP Code
44308
Business Type
Subchapter S Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541618)
Business Age
Existing or more than 2 years old
Jobs Reported
40
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
OH-13

Loan Use Breakdown

Payroll
$480,000
Rent
$44,000
Utilities
$6,000
Health Care
$70,000

Lender Information

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

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