Acro Tool & Die Company

$550,772 PPP Loan in Akron, Ohio

Loan Details

Loan Number
5032957800
Date Approved
May 29, 2020
Loan Status
Paid in Full
Initial Approval
$550,772
Current Approval
$550,772
Forgiveness Amount
$556,469
Forgiveness Date
Jun 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Acro Tool & Die Company
Address
325 Morgan Avenue
City
Akron
State
Ohio
ZIP Code
44311-2423
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333514)
Business Age
Existing or more than 2 years old
Jobs Reported
34
Estimated Revenue
$8.9M
Rural/Urban
Urban
Congressional District
OH-13

Loan Use Breakdown

Payroll
$437,772
Rent
$20,000
Utilities
$20,000
Health Care
$73,000

Lender Information

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

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