AKRON TOOL AND SUPPLY INC (OH) - 2020 PPP Loan Borrower Profile (# 3581008601)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AKRON TOOL AND SUPPLY 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

3581008601

SBA Office Code

0549

Processing Method

PPP

Curent Loan Amount

$17,710

Date Loan was Approved

Mar 17, 2021

Amount Forgiven

$17,761.16

Date Loan was Forgiven

Jul 2, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

17,710

Lender

Portage Community Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

423830

Borrower Location

Akron, OH

Project Location

Akron, OH

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.