Federal Machinery & Equipment Co

$590,365 PPP Loan in Cleveland, Ohio

Loan Details

Loan Number
9561968400
Date Approved
Feb 17, 2021
Loan Status
Paid in Full
Initial Approval
$590,365
Current Approval
$590,365
Forgiveness Amount
$597,105
Forgiveness Date
Apr 7, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Federal Machinery & Equipment Co
Address
8200 Bessemer Ave 8200 Bessemer Ave
State
Ohio
ZIP Code
44127-1837
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423830)
Business Age
Existing or more than 2 years old
Jobs Reported
43
Estimated Revenue
$13.2M
Rural/Urban
Urban
Congressional District
OH-11

Loan Use Breakdown

Payroll
$590,362
Utilities
$1

Lender Information

Servicing Lender
Pnc Bank, National Association
Originating Lender
Pnc Bank, National Association

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