The Loeb Electric Company

$3,115,132 PPP Loan in Columbus, Ohio

Loan Details

Loan Number
1496757102
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$3,115,132
Current Approval
$3,115,132
Forgiveness Amount
$3,154,649
Forgiveness Date
Jul 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
The Loeb Electric Company
Address
1800 E. 5th Ave. 0.0
State
Ohio
ZIP Code
43219-2592
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423610)
Business Age
Existing or more than 2 years old
Jobs Reported
274
Estimated Revenue
$83.9M
Rural/Urban
Urban
Congressional District
OH-03

Loan Use Breakdown

Payroll
$2,920,000
Rent
$95,000
Utilities
$33,000
Health Care
$67,132

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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