Northeast Lubricants, Ltd

$564,000 PPP Loan in Cleveland, Ohio

Loan Details

Loan Number
4534707006
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$564,000
Current Approval
$564,000
Forgiveness Amount
$567,894
Forgiveness Date
Dec 21, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Northeast Lubricants, Ltd
Address
4500 Renaissance Pkwy
State
Ohio
ZIP Code
44128-5702
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Wholesale Trade (424710)
Business Age
Existing or more than 2 years old
Jobs Reported
43
Estimated Revenue
$11.1M
Rural/Urban
Urban
Congressional District
OH-11

Loan Use Breakdown

Payroll
$430,000
Rent
$10,000
Utilities
$46,000
Health Care
$38,000
Mortgage Interest
$20,000
Debt Interest
$20,000

Lender Information

Servicing Lender
Sutton Bank
Originating Lender
Sutton Bank

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