Ferrotherm Corp

$1,724,500 PPP Loan in Garfield Heights, Ohio

Loan Details

Loan Number
4426857106
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$1,724,500
Current Approval
$1,724,500
Forgiveness Amount
$1,741,120
Forgiveness Date
Oct 6, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ferrotherm Corp
Address
4758 Warner Rd
State
Ohio
ZIP Code
44125-1117
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (336412)
Business Age
Existing or more than 2 years old
Jobs Reported
107
Estimated Revenue
$28.0M
Rural/Urban
Urban
Congressional District
OH-11

Loan Use Breakdown

Payroll
$1,724,500

Lender Information

Servicing Lender
Pnc Bank, National Association
Originating Lender
Pnc Bank, National Association

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