Professional Electric Products Co.

$2,367,000 PPP Loan in Eastlake, Ohio

Loan Details

Loan Number
4210487103
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$2,367,000
Current Approval
$2,367,000
Forgiveness Amount
$2,394,561
Forgiveness Date
Jun 23, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Professional Electric Products Co.
Address
33210 Lakeland Blvd
State
Ohio
ZIP Code
44095-5205
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423610)
Business Age
Existing or more than 2 years old
Jobs Reported
177
Estimated Revenue
$54.2M
Rural/Urban
Urban
Congressional District
OH-14

Loan Use Breakdown

Payroll
$2,367,000

Lender Information

Servicing Lender
Citizens Bank, National Association
Originating Lender
Citizens Bank, National Association

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