PPP Loan information for Lorain tool enterprises inc.

$139,000

Lorain tool enterprises inc. was initially approved for PPP Loan of amount $139,000, the current approved amount is $139,000. The loan was approved on 06/02/2020 by The Buckeye Community Bank reported 14 jobs and $139,000 was used to fund payroll.

Lorain tool enterprises inc. is Existing or more than 2 years old

LORAIN TOOL ENTERPRISES INC.

Date Approved

06/02/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

LORAIN TOOL ENTERPRISES INC.

Borrower Address

1676 E. 28th St.

Borrower City

LORAIN

Borrower State

OH

Borrower Zip

44055-1702

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

139000.00

Current Approval Amount

139000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124127

Servicing Lender Name

Buckeye Community Bank

Servicing Lender Address

105 Sheffield Ctr

Servicing Lender City

LORAIN

Servicing Lender State

OH

Servicing Lender Zip

44055-3134

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LORAIN

Project County Name

LORAIN

Project State

OH

Project Zip

44055-1702

CD

OH-05

Jobs Reported

14

NAICS Code

333512

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

139000.00

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

124127

Originating Lender

Buckeye Community Bank

Originating Lender City

LORAIN

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

139959.67

Forgiveness Date

02/19/2021

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