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Performance Elastomers Corp

$881,900 PPP Loan in Ravenna, Ohio

Loan Details

Loan Number
7803067007
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$881,900
Current Approval
$881,900
Forgiveness Amount
$893,732
Forgiveness Date
Aug 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Performance Elastomers Corp
Address
7162 State Route 88
City
Ravenna
State
Ohio
ZIP Code
44266-9189
Business Type
Corporation
Industry (NAICS)
Manufacturing (326299)
Business Age
New Business or 2 years or less
Jobs Reported
96
Estimated Revenue
$95.2M
Rural/Urban
Rural
Congressional District
OH-14

Loan Use Breakdown

Payroll
$881,900

Lender Information

Servicing Lender
Hometown Bank
Originating Lender
Hometown Bank

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