540 EAST WASHINGTON INC. (OH) - 2020 PPP Loan Borrower Profile (# 8742168401)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 540 EAST WASHINGTON INC.. 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

8742168401

SBA Office Code

0549

Processing Method

PPS

Curent Loan Amount

$176,382.5

Date Loan was Approved

Feb 13, 2021

Amount Forgiven

$178,881.25

Date Loan was Forgiven

Jul 19, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

176,376.5

Lender

First Federal Savings & Loan Association of Lakewood

Business Detail

Business Type

Corporation

NAICS

722511

Borrower Location

Chagrin Falls, OH

Project Location

Chagrin Falls, OH

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.