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Profusion Industries, LLC

Fairlawn, OH 44333

The loans, in SBA’s record

$1.9 million
Approved
$1,876,443
The amount of every loan as it now stands, added together.
1
Loan
1 first draw.
$1.9 million
Forgiven
$1,890,672
The forgiveness amounts SBA records, as of September 30, 2024. Forgiveness and the amount approved are on different bases and do not compare.

How this compares

Amount approved: $1,876,443
By the amount SBA approved, ranks 42,157th of 10,688,106 borrowers nationally, 1,648th of 328,881 in Ohio and 84th of 16,515 in the project’s county, Summit, OH. Larger than 99% of the 10,688,106 borrowers in SBA’s published loans, by amount approved. The project’s county is the one SBA printed on the borrower’s first loan, which need not be where the borrower is.

Each loan

4 more columns on a wider screen

Paycheck Protection Program loans to Profusion Industries, LLC, as SBA recorded them
Approved onAmountStatusForgiven
June 25, 2020$1,876,443Paid in Full$1,890,672

Forgiveness and the amount approved are on different bases and do not compare. “Operating in” is where SBA records the business as operating, which is not always the mailing address above. Browse every PPP loan by state and lender.

Sources

Data retrieved