PPP Loan information for Lakeland electric, inc.

$1,640,000

Lakeland electric, inc. was initially approved for PPP Loan of amount $1,640,000, the current approved amount is $1,640,000. The loan was approved on 04/12/2020 by The CFBank, National Association reported 97 jobs and $1,640,000 was used to fund payroll.

Lakeland electric, inc. is Existing or more than 2 years old

PPP Loan Search / OH / CLEVELAND / Lakeland electric, inc.

LAKELAND ELECTRIC, INC.

Date Approved

04/12/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

LAKELAND ELECTRIC, INC.

Borrower Address

5350 Grant Avenue

Borrower City

CLEVELAND

Borrower State

OH

Borrower Zip

44125-1036

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1640000.00

Current Approval Amount

1640000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78932

Servicing Lender Name

CFBank, National Association

Servicing Lender Address

7000 N High St

Servicing Lender City

WORTHINGTON

Servicing Lender State

OH

Servicing Lender Zip

43085-2500

Rural Urban Indicator

U

Hubzone Indicator

N

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

44125-1036

CD

OH-11

Jobs Reported

97

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1640000.00

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

78932

Originating Lender

CFBank, National Association

Originating Lender City

WORTHINGTON

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1657837.81

Forgiveness Date

05/20/2021

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