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South Shore Electric INC

$1,461,500 PPP Loan in Elyria, Ohio

Loan Details

Loan Number
2400499002
Date Approved
May 16, 2021
Loan Status
Paid in Full
Initial Approval
$1,461,500
Current Approval
$1,461,500
Forgiveness Amount
$1,485,388
Forgiveness Date
Aug 24, 2023
Term
60 months
Draw
Second Draw

Business Information

Business Name
South Shore Electric INC
Address
589 Ternes Ln
City
Elyria
State
Ohio
ZIP Code
44035-6251
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
65
Estimated Revenue
$21.4M
Rural/Urban
Urban
Congressional District
OH-05

Loan Use Breakdown

Payroll
$1,461,500

Lender Information

Servicing Lender
American Bank, National Association
Originating Lender
American Bank, National Association

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