AKRON SPECIAL MACHINERY INC. (OH) - 2020 PPP Loan Borrower Profile (# 4104527109)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AKRON SPECIAL MACHINERY 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

4104527109

SBA Office Code

0549

Processing Method

PPP

Curent Loan Amount

$581,900

Date Loan was Approved

Apr 12, 2020

Amount Forgiven

$589,157.59

Date Loan was Forgiven

Jul 21, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

581,900

Lender

First National Bank of Pennsylvania

Business Detail

Business Type

Corporation

NAICS

561499

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.