AKRON POLYMER SYSTEMS INC (OH) - 2020 PPP Loan Borrower Profile (# 3079427106)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AKRON POLYMER SYSTEMS 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

3079427106

SBA Office Code

0549

Processing Method

PPP

Curent Loan Amount

$316,200

Date Loan was Approved

Apr 11, 2020

Amount Forgiven

$319,561.25

Date Loan was Forgiven

May 21, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

316,200

Lender

The Huntington National Bank

Business Detail

Business Type

Corporation

NAICS

541712

Borrower Location

AKRON, OH

Project Location

AKRON, OH

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.