The Cleveland Electric Laboratories Company Inc.

$1,618,032 PPP Loan in Twinsburg, Ohio

Loan Details

Loan Number
9803867010
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$1,618,032
Current Approval
$1,618,032
Forgiveness Amount
$1,636,399
Forgiveness Date
Jun 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
The Cleveland Electric Laboratories Company Inc.
Address
1776 Enterprise Parkway
State
Ohio
ZIP Code
44087-2204
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (334512)
Business Age
Existing or more than 2 years old
Jobs Reported
120
Estimated Revenue
$31.4M
Rural/Urban
Urban
Congressional District
OH-13

Loan Use Breakdown

Payroll
$1,477,331
Rent
$90,701
Health Care
$50,000

Lender Information

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

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