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Colonial Machine Company Inc.

$520,000 PPP Loan in Kent, Ohio

Loan Details

Loan Number
7205637110
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$520,000
Current Approval
$520,000
Forgiveness Amount
$523,799
Forgiveness Date
Jan 13, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Colonial Machine Company Inc.
Address
1041 Mogadore Rd
City
Kent
State
Ohio
ZIP Code
44240-7534
Business Type
Corporation
Industry (NAICS)
Manufacturing (333511)
Business Age
Existing or more than 2 years old
Jobs Reported
38
Estimated Revenue
$9.9M
Rural/Urban
Rural
Congressional District
OH-14

Loan Use Breakdown

Payroll
$520,000

Lender Information

Servicing Lender
The Bancorp Bank National Association
Originating Lender
The Bancorp Bank National Association

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