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Arnold Machine INC

$839,600 PPP Loan in Tiffin, Ohio

Loan Details

Loan Number
4376047002
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$839,600
Current Approval
$839,600
Forgiveness Amount
$846,317
Forgiveness Date
Jan 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Arnold Machine INC
Address
19 Heritage Drive
City
Tiffin
State
Ohio
ZIP Code
44883-9503
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
54
Estimated Revenue
$13.2M
Rural/Urban
Rural
Congressional District
OH-05

Loan Use Breakdown

Payroll
$629,700
Utilities
$50,000
Health Care
$100,000
Mortgage Interest
$59,900

Lender Information

Servicing Lender
Sutton Bank
Originating Lender
Sutton Bank

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