PPP Loan information for Corporate electric company llc

Date Approved

04/09/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

CORPORATE ELECTRIC COMPANY LLC

Borrower Address

378 N VAN BUREN AVE

Borrower City

BARBERTON

Borrower State

OH

Borrower Zip

44203-4014

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

325000.00

Current Approval Amount

325000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57845

Servicing Lender Name

The Commercial and Savings Bank of Millersburg, Ohio

Servicing Lender Address

91 N Clay St

Servicing Lender City

MILLERSBURG

Servicing Lender State

OH

Servicing Lender Zip

44654-1117

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BARBERTON

Project County Name

SUMMIT

Project State

OH

Project Zip

44203-4014

CD

OH-13

Jobs Reported

33

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

40625.00

Payroll Proceed

243750.00

Mortgage Interest Proceed

40625.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

57845

Originating Lender

The Commercial and Savings Bank of Millersburg, Ohio

Originating Lender City

MILLERSBURG

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

328403.47

Forgiveness Date

04/29/2021