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Logan Machine Company

$700,000 PPP Loan in Akron, Ohio

Loan Details

Loan Number
9201058405
Date Approved
Feb 16, 2021
Loan Status
Paid in Full
Initial Approval
$700,000
Current Approval
$700,000
Forgiveness Amount
$702,489
Forgiveness Date
Jun 28, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Logan Machine Company
Address
1405 Home Ave
City
Akron
State
Ohio
ZIP Code
44310-2514
Business Type
Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
57
Estimated Revenue
$13.9M
Rural/Urban
Urban
Congressional District
OH-13

Loan Use Breakdown

Payroll
$699,999
Utilities
$1

Lender Information

Servicing Lender
Portage Community Bank
Originating Lender
Portage Community Bank

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