Shop Supply and Tool Co INC

$125,000 PPP Loan in Mentor, Ohio

Loan Details

Loan Number
8112287107
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$125,000
Current Approval
$125,000
Forgiveness Amount
$125,779
Forgiveness Date
Dec 2, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Shop Supply and Tool Co INC
Address
5814 Heisley Rd
City
Mentor
State
Ohio
ZIP Code
44060
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423840)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
OH-14

Loan Use Breakdown

Payroll
$102,000
Rent
$12,000
Utilities
$2,000
Health Care
$9,000

Lender Information

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

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