PPP Loan information for Lake erie electric of michigan inc.

$2,335,400

Lake erie electric of michigan inc. was initially approved for PPP Loan of amount $2,335,400, the current approved amount is $2,335,400. The loan was approved on 02/22/2021 by The KeyBank National Association reported 453 jobs and $2,335,400 was used to fund payroll.

Lake erie electric of michigan inc. is Existing or more than 2 years old

PPP Loan Search / OH / Westlake / Lake erie electric of michigan inc.

LAKE ERIE ELECTRIC OF MICHIGAN INC.

Date Approved

02/22/2021

SBA Office Code

0549

Processing Method

PPP

Borrower Name

LAKE ERIE ELECTRIC OF MICHIGAN INC.

Borrower Address

25730 1st St

Borrower City

Westlake

Borrower State

OH

Borrower Zip

44145-1432

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2335400.00

Current Approval Amount

2335400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

56102

Servicing Lender Name

KeyBank National Association

Servicing Lender Address

127 Public Sq

Servicing Lender City

CLEVELAND

Servicing Lender State

OH

Servicing Lender Zip

44114-1217

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Westlake

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44145-1432

CD

OH-07

Jobs Reported

453

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2335400.00

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

Subchapter S Corporation

Originating Lender Location Id

56102

Originating Lender

KeyBank National Association

Originating Lender City

CLEVELAND

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2360929.44

Forgiveness Date

04/04/2022

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