Pressco Technology Inc.

$2,248,230 PPP Loan in Cleveland, Ohio

Loan Details

Loan Number
9607287005
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$2,248,230
Current Approval
$2,248,230
Forgiveness Amount
$2,277,668
Forgiveness Date
Aug 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Pressco Technology Inc.
Address
29200 Aurora Road 0.0
State
Ohio
ZIP Code
44139-1847
Business Type
Corporation
Industry (NAICS)
Manufacturing (339999)
Business Age
Existing or more than 2 years old
Jobs Reported
121
Estimated Revenue
$33.8M
Rural/Urban
Urban
Congressional District
OH-07

Loan Use Breakdown

Payroll
$1,944,000
Rent
$80,000
Utilities
$18,230
Health Care
$200,000
Mortgage Interest
$6,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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