Faxon Machining, INC

$1,681,100 PPP Loan in Cincinnati, Ohio

Loan Details

Loan Number
9097417006
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$1,681,100
Current Approval
$1,681,100
Forgiveness Amount
$1,698,004
Forgiveness Date
Apr 13, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Faxon Machining, INC
Address
11101 Adwood Dr
State
Ohio
ZIP Code
45240-3235
Business Type
Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
116
Estimated Revenue
$28.4M
Rural/Urban
Urban
Congressional District
OH-08

Loan Use Breakdown

Payroll
$1,334,921
Rent
$95,000
Utilities
$48,600
Health Care
$154,340
Debt Interest
$48,239

Lender Information

Servicing Lender
Civista Bank
Originating Lender
Civista Bank

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