PPP Loan information for Great lakes petroleum co.

$2,000,000

Great lakes petroleum co. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 05/11/2021 by The Sutton Bank reported 238 jobs and $2,000,000 was used to fund payroll.

Great lakes petroleum co. is Existing or more than 2 years old

GREAT LAKES PETROLEUM CO.

Date Approved

05/11/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

GREAT LAKES PETROLEUM CO.

Borrower Address

4500 Renaissance Pkwy

Borrower City

Cleveland

Borrower State

OH

Borrower Zip

44128-5702

Loan Status Date

01/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53273

Servicing Lender Name

Sutton Bank

Servicing Lender Address

1 S Main St

Servicing Lender City

ATTICA

Servicing Lender State

OH

Servicing Lender Zip

44807-9803

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Cleveland

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44128-5702

CD

OH-11

Jobs Reported

238

NAICS Code

424720

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999994.00

Mortgage Interest Proceed

0.00

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

53273

Originating Lender

Sutton Bank

Originating Lender City

ATTICA

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2012273.97

Forgiveness Date

12/27/2021

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