AKRON AUTO AUCTION, INC (OH) - 2020 PPP Loan Borrower Profile (# 9511067004)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AKRON AUTO AUCTION, 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

9511067004

SBA Office Code

0549

Processing Method

PPP

Curent Loan Amount

$994,900

Date Loan was Approved

Apr 9, 2020

Amount Forgiven

$1,002,638.11

Date Loan was Forgiven

Jan 20, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

994,900

Lender

The Farmers National Bank of Canfield

Business Detail

Business Type

Subchapter S Corporation

NAICS

425120

Borrower Location

COVENTRY TOWNSHIP, OH

Project Location

COVENTRY TOWNSHIP, OH

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

231

Business Age Description

Existing or more than 2 years old

Data Source: SBA.