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Profac, Inc.

$2,000,000 PPP Loan in Mentor, Ohio

Loan Details

Loan Number
8117938303
Date Approved
Jan 29, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,028,384
Forgiveness Date
Jul 12, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Profac, Inc.
Address
7198 Industrial Park Blvd
City
Mentor
State
Ohio
ZIP Code
44060-5328
Business Type
Corporation
Industry (NAICS)
Manufacturing (321211)
Business Age
Existing or more than 2 years old
Jobs Reported
200
Estimated Revenue
$198.4M
Rural/Urban
Urban
Congressional District
OH-14

Loan Use Breakdown

Payroll
$1,999,995
Utilities
$1

Lender Information

Servicing Lender
Loan Source Incorporated
Originating Lender
Northeast Bank

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