Binkelman Corporation

$625,000 PPP Loan in Toledo, Ohio

Loan Details

Loan Number
5304347004
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$625,000
Current Approval
$625,000
Forgiveness Amount
$628,802
Forgiveness Date
Nov 23, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Binkelman Corporation
Address
2601 Hill Ave
City
Toledo
State
Ohio
ZIP Code
43607-2922
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423840)
Business Age
Existing or more than 2 years old
Jobs Reported
47
Estimated Revenue
$14.4M
Rural/Urban
Urban
Congressional District
OH-09

Loan Use Breakdown

Payroll
$600,500
Rent
$20,000
Utilities
$4,500

Lender Information

Servicing Lender
Waterford Bank, National Association
Originating Lender
Waterford Bank, National Association

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