A & E MACHINE AND FABRICATION INC. (OH) - 2020 PPP Loan Borrower Profile (# 7422467103)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to A & E MACHINE AND FABRICATION INC.. 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

7422467103

SBA Office Code

0593

Processing Method

PPP

Curent Loan Amount

$98,450.67

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$99,321.89

Date Loan was Forgiven

Mar 10, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

5,000

Payroll Proced

89,450.67

Mortgage Interest Proceed

4,000

Lender

The First National Bank of Waverly

Business Detail

Business Type

Corporation

NAICS

332312

Borrower Location

BEAVER, OH

Project Location

BEAVER, OH

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.