311 ALBRECHT CO (OH) - 2020 PPP Loan Borrower Profile (# 7941557108)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 311 ALBRECHT CO. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Ohio.

Loan Detail

Loan Number

7941557108

SBA Office Code

0549

Processing Method

PPP

Curent Loan Amount

$55,525

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$56,098.76

Date Loan was Forgiven

May 4, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

55,525

Lender

Fifth Third Bank

Business Detail

Business Type

Corporation

NAICS

811121

Borrower Location

AKRON, OH

Project Location

AKRON, OH

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.