PPP Loan information for R.l. lipton distributing co., inc.

$1,197,352

R.l. lipton distributing co., inc. was initially approved for PPP Loan of amount $1,197,352, the current approved amount is $1,197,352. The loan was approved on 04/13/2020 by The JPMorgan Chase Bank, National Association reported 98 jobs and $1,197,352 was used to fund payroll.

R.l. lipton distributing co., inc. is Existing or more than 2 years old

PPP Loan Search / OH / Maple Heights / R.l. lipton distributing co., inc.

R.L. LIPTON DISTRIBUTING CO., INC.

Date Approved

04/13/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

R.L. LIPTON DISTRIBUTING CO., INC.

Borrower Address

5900 Pennsylvania Ave. 0.0

Borrower City

Maple Heights

Borrower State

OH

Borrower Zip

44137-4302

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1197352.00

Current Approval Amount

1197352.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

Maple Heights

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44137-4302

CD

OH-11

Jobs Reported

98

NAICS Code

424810

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

25000.00

Payroll Proceed

994352.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

178000.00

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

1212671.45

Forgiveness Date

07/29/2021

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