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South Shore Electric, Inc.

$1,225,000 PPP Loan in Lorain, Ohio

Loan Details

Loan Number
4276457206
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$1,225,000
Current Approval
$1,225,000
Forgiveness Amount
$1,239,834
Forgiveness Date
Jul 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
South Shore Electric, Inc.
Address
105 Sheffield Center
City
Lorain
State
Ohio
ZIP Code
44055
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
76
Estimated Revenue
$25.0M
Rural/Urban
Urban
Congressional District
OH-05

Loan Use Breakdown

Payroll
$1,225,000

Lender Information

Servicing Lender
Buckeye Community Bank
Originating Lender
Buckeye Community Bank

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