PPP Loan information for Clock electric inc

$200,000

Clock electric inc was initially approved for PPP Loan of amount $200,000, the current approved amount is $200,000. The loan was approved on 04/05/2020 by The The Croghan Colonial Bank reported 17 jobs and $200,000 was used to fund payroll.

Clock electric inc is Existing or more than 2 years old

PPP Loan Search / OH / LAKEWOOD / Clock electric inc

CLOCK ELECTRIC INC

Date Approved

04/05/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

CLOCK ELECTRIC INC

Borrower Address

1624 COUTANT AVENUE

Borrower City

LAKEWOOD

Borrower State

OH

Borrower Zip

44107-5228

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

200000.00

Current Approval Amount

200000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57578

Servicing Lender Name

The Croghan Colonial Bank

Servicing Lender Address

323 Croghan St

Servicing Lender City

FREMONT

Servicing Lender State

OH

Servicing Lender Zip

43420-3013

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LAKEWOOD

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44107-5228

CD

OH-11

Jobs Reported

17

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

25000.00

Payroll Proceed

150000.00

Mortgage Interest Proceed

25000.00

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

57578

Originating Lender

The Croghan Colonial Bank

Originating Lender City

FREMONT

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

201244.44

Forgiveness Date

11/27/2020

;