PPP Loan information for Northeast lubricants, ltd

$564,000

Northeast lubricants, ltd was initially approved for PPP Loan of amount $564,000, the current approved amount is $564,000. The loan was approved on 04/03/2020 by The Sutton Bank reported 43 jobs and $564,000 was used to fund payroll.

Northeast lubricants, ltd is Existing or more than 2 years old

NORTHEAST LUBRICANTS, LTD

Date Approved

04/03/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

NORTHEAST LUBRICANTS, LTD

Borrower Address

4500 RENAISSANCE PKWY

Borrower City

CLEVELAND

Borrower State

OH

Borrower Zip

44128-5702

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

564000.00

Current Approval Amount

564000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53273

Servicing Lender Name

Sutton Bank

Servicing Lender Address

1 S Main St

Servicing Lender City

ATTICA

Servicing Lender State

OH

Servicing Lender Zip

44807-9803

Rural Urban Indicator

U

Hubzone Indicator

Y

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

44128-5702

CD

OH-11

Jobs Reported

43

NAICS Code

424710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

46000.00

Payroll Proceed

430000.00

Mortgage Interest Proceed

20000.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

38000.00

Debt Interest Proceed

20000

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

53273

Originating Lender

Sutton Bank

Originating Lender City

ATTICA

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

567893.92

Forgiveness Date

12/21/2020

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