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Gemco Machine & Tool, INC

$52,232 PPP Loan in Newark, Ohio

Loan Details

Loan Number
8436417105
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$52,232
Current Approval
$52,232
Forgiveness Amount
$45,750
Forgiveness Date
Apr 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Gemco Machine & Tool, INC
Address
88 Decrow Ave
City
Newark
State
Ohio
ZIP Code
43055
Business Type
Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
OH-12

Loan Use Breakdown

Payroll
$41,786
Utilities
$10,446

Lender Information

Servicing Lender
The Park National Bank
Originating Lender
The Park National Bank

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