# PPP loan: PERFORMANCE ELASTOMERS CORP
> **$882K** approved 04/08/2020 · Paid in Full · Loan `7803067007`
## Borrower
- **Name:** PERFORMANCE ELASTOMERS CORP
- **Address:** 7162 State Route 88, RAVENNA, OH, 44266-9189
- **NAICS:** 326299
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $882K
- **Initial approval:** $882K
- **Forgiven:** $894K (101%)
- **Forgiveness date:** 08/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $882K
- **Jobs reported:** 96
## Lender
- **Originating:** Hometown Bank
- **Servicing:** Hometown Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*