525 BROAD LLC (OH) - 2020 PPP Loan Borrower Profile (# 5734348403)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 525 BROAD LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Ohio.

Loan Detail

Loan Number

5734348403

SBA Office Code

0549

Processing Method

PPS

Curent Loan Amount

$198,502

Date Loan was Approved

Feb 9, 2021

Amount Forgiven

$201,552.95

Date Loan was Forgiven

Aug 25, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

198,497

Lender

The Huntington National Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

722511

Borrower Location

Elyria, OH

Project Location

Elyria, OH

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.