ALBER AND RICE INC (OH) - 2020 PPP Loan Borrower Profile (# 5575048605)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALBER AND RICE 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

5575048605

SBA Office Code

0549

Processing Method

PPS

Curent Loan Amount

$130,000

Date Loan was Approved

Mar 20, 2021

Amount Forgiven

$130,916.57

Date Loan was Forgiven

Dec 8, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

130,000

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Corporation

NAICS

541490

Borrower Location

North Ridgeville, OH

Project Location

North Ridgeville, OH

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.