PPP Loan information for South shore electric, inc.

$1,225,000

South shore electric, inc. was initially approved for PPP Loan of amount $1,225,000, the current approved amount is $1,225,000. The loan was approved on 04/27/2020 by The Buckeye Community Bank reported 76 jobs and $1,225,000 was used to fund payroll.

South shore electric, inc. is Existing or more than 2 years old

PPP Loan Search / OH / Lorain / South shore electric, inc.

SOUTH SHORE ELECTRIC, INC.

Date Approved

04/27/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

SOUTH SHORE ELECTRIC, INC.

Borrower Address

105 Sheffield Center

Borrower City

Lorain

Borrower State

OH

Borrower Zip

44055

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1225000.00

Current Approval Amount

1225000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124127

Servicing Lender Name

Buckeye Community Bank

Servicing Lender Address

105 Sheffield Ctr

Servicing Lender City

LORAIN

Servicing Lender State

OH

Servicing Lender Zip

44055-3134

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lorain

Project County Name

LORAIN

Project State

OH

Project Zip

44055-0001

CD

OH-05

Jobs Reported

76

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1225000.00

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

Corporation

Originating Lender Location Id

124127

Originating Lender

Buckeye Community Bank

Originating Lender City

LORAIN

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1239834.25

Forgiveness Date

07/22/2021

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