The Commonwealth Lumber Company INC
$157,400 PPP Loan in Willoughby, Ohio
Loan Details
- Loan Number
- 8416837105
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $157,400
- Current Approval
- $157,400
- Forgiveness Amount
- $159,232
- Forgiveness Date
- Jun 10, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- The Commonwealth Lumber Company INC
- Address
- 37940 Depot St
- City
- Willoughby
- State
- Ohio
- ZIP Code
- 44094-6206
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Wholesale Trade (423310)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 15
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- OH-14
Loan Use Breakdown
- Payroll
- $131,600
- Rent
- $6,600
- Utilities
- $10,000
- Health Care
- $8,100
- Debt Interest
- $1,100
Lender Information
- Servicing Lender
- Civista Bank
- Originating Lender
- Civista Bank
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