# PPP loan: PERFORMANCE ELASTOMERS CORP
> **$876K** approved 02/14/2021 · Paid in Full · Loan `9032838401`
## Borrower
- **Name:** PERFORMANCE ELASTOMERS CORP
- **Address:** 7162 State Route 88, Ravenna, OH, 44266-9189
- **NAICS:** 326299
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $876K
- **Initial approval:** $876K
- **Forgiven:** $883K (101%)
- **Forgiveness date:** 11/17/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $876K
- **Utilities:** $1
- **Jobs reported:** 102
## Lender
- **Originating:** Hometown Bank
- **Servicing:** Hometown Bank (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*