ALBION INDUSTRIES INC (OH) - 2020 PPP Loan Borrower Profile (# 3042088408)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ALBION INDUSTRIES INC. The PPP program 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
3042088408
SBA Office Code
0549
Processing Method
PPS
Curent Loan Amount
$222,241.35
Date Loan was Approved
Feb 4, 2021
Amount Forgiven
$224,118.05
Date Loan was Forgiven
Dec 14, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
222,239.35
Lender
The Croghan Colonial Bank
Business Detail
Business Type
Corporation
NAICS
337124
Borrower Location
Strongsville, OH
Project Location
Strongsville, OH
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
31
Business Age Description
Existing or more than 2 years old
Data Source: SBA.