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Powder Alloy Corporation

$496,000 PPP Loan in Loveland, Ohio

Loan Details

Loan Number
7551578300
Date Approved
Jan 28, 2021
Loan Status
Paid in Full
Initial Approval
$496,000
Current Approval
$496,000
Forgiveness Amount
$498,242
Forgiveness Date
Jul 14, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Powder Alloy Corporation
Address
101 Northeast Dr
City
Loveland
State
Ohio
ZIP Code
45140-7145
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (331410)
Business Age
Existing or more than 2 years old
Jobs Reported
38
Estimated Revenue
$9.9M
Rural/Urban
Urban
Congressional District
OH-01

Loan Use Breakdown

Payroll
$495,998
Utilities
$1

Lender Information

Servicing Lender
Heritage Bank, Inc.
Originating Lender
Heritage Bank, Inc.

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