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Performance Elastomers Corp

$876,000 PPP Loan in Ravenna, Ohio

Loan Details

Loan Number
9032838401
Date Approved
Feb 14, 2021
Loan Status
Paid in Full
Initial Approval
$876,000
Current Approval
$876,000
Forgiveness Amount
$882,643
Forgiveness Date
Nov 17, 2021
Term
60 months
Draw
Second 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
Existing or more than 2 years old
Jobs Reported
102
Estimated Revenue
$101.2M
Rural/Urban
Rural
Congressional District
OH-14

Loan Use Breakdown

Payroll
$875,996
Utilities
$1

Lender Information

Servicing Lender
Hometown Bank
Originating Lender
Hometown Bank

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