PPP Loan information for The cleveland electric laboratories company inc.

$1,618,032

The cleveland electric laboratories company inc. was initially approved for PPP Loan of amount $1,618,032, the current approved amount is $1,618,032. The loan was approved on 04/09/2020 by The JPMorgan Chase Bank, National Association reported 120 jobs and $1,618,032 was used to fund payroll.

The cleveland electric laboratories company inc. is Existing or more than 2 years old

THE CLEVELAND ELECTRIC LABORATORIES COMPANY INC.

Date Approved

04/09/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

THE CLEVELAND ELECTRIC LABORATORIES COMPANY INC.

Borrower Address

1776 Enterprise Parkway

Borrower City

Twinsburg

Borrower State

OH

Borrower Zip

44087-2204

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1618032.00

Current Approval Amount

1618032.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Twinsburg

Project County Name

SUMMIT

Project State

OH

Project Zip

44087-2204

CD

OH-13

Jobs Reported

120

NAICS Code

334512

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1477331.00

Mortgage Interest Proceed

0.00

Rent Proceed

90701.00

Refinance EIDL Proceed

0.00

Health Care Proceed

50000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1636399.36

Forgiveness Date

06/02/2021

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