As part of the Paycheck Protection Program LAKELAND ELECTRIC, INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

LAKELAND ELECTRIC, INC


Loan Amount	$1,640,000
BusinessName	LAKELAND ELECTRIC, INC
Address	5350 Grant Avenue
City	CLEVELAND
State	OH
Zip	44125
NAICSCode	238210
BusinessType	Corporation
RaceEthnicity	White
Gender	Male Owned
Veteran	Non-Veteran
NonProfit
JobsReported	97
DateApproved	04/12/2020
Lender	CFBank, National Association
CD	OH-11
BusinessName.clean	LAKELAND ELECTRIC

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

LAKELAND IMMEDIATE CARE CENTER
LAKELAND MEDICAL ASSOCIATES
LAKELAND MENTAL HEALTH CENTER
LAKELAND MOTORS
LAKELAND NEURO CARE CENTER LTD