Nook Industries

$2,550,000 PPP Loan in Cleveland, Ohio

Loan Details

Loan Number
9651667009
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$2,550,000
Current Approval
$2,550,000
Forgiveness Amount
$2,579,572
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Nook Industries
Address
4950 E. 49th Street 0.0
State
Ohio
ZIP Code
44125-1016
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332721)
Business Age
Existing or more than 2 years old
Jobs Reported
175
Estimated Revenue
$42.8M
Rural/Urban
Urban
Congressional District
OH-11

Loan Use Breakdown

Payroll
$2,000,000
Rent
$165,000
Utilities
$75,000
Health Care
$270,000
Mortgage Interest
$18,000
Debt Interest
$22,000

Lender Information

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

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