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PPP loans in Lake County, Ohio

Each amount is what the Small Business Administration approved, as SBA published it, and says nothing more about the borrower. SBA guaranteed 6,396 Paycheck Protection Program loans for businesses it recorded in Lake County, $612.4 million in all.

Lake County, as of September 30, 2024

$612.4 million
Approved
$612,396,915
2.3% of the $27.2 billion approved in Ohio.
6,396
Loans
4,722 first draws and 1,674 second draws.
93.3%
Forgiven
5,965 of 6,396 loans carry a forgiveness amount, $601.8 million in all.
4.6%
Charged off
296 of 6,396 loans, approved for $6.2 million. That is the loans' size, not what SBA lost.

The largest borrowers in Lake County · 2020–21

The largest borrowers in Lake County, 2020–21
RankNameUSDLoans
1Component Repair Technologies Inc, Mentor$8.1 million1
2Mid-West Forge Corporation, Willoughby$6.4 million1
3Marous Brothers Construction Inc, Wickliffe$5.5 million1
4Ct Consultants Inc., Mentor$4.6 million1
5Crescent Metal Products Inc, Mentor$4.5 million2
6Profac, Inc., Mentor$4.3 million2
7Libra Industries, LLC, Mentor$4.2 million1
8Jim Brown Chevrolet, Inc., Mentor$4.0 million1
9Pako, Inc., Mentor$3.9 million1
10Universal Metal Products Inc, Wickliffe$3.6 million1
11The Malish Corporation, Mentor$3.4 million2
12R.W. Sidley, Inc., Painesville$2.9 million1
13K&D Management LLC, Willoughby$2.8 million1
14Tom Richards, Inc., Willoughby$2.8 million1
15Nhvs International Inc., Mentor$2.7 million1
16Platform Cement Inc, Mentor$2.5 million1
17Bescast, Inc, Willoughby$2.5 million1
18Dcr Systems LLC, Mentor$2.5 million2
19Vector Technical Inc., Willoughby$2.4 million2
20Dizer Corp., Painesville$2.4 million1
21Professional Electric Products Co., Eastlake$2.4 million1
22Oppenheim Construction Companies Inc, Eastlake$2.3 million1
23Produce Packaging, Inc., Willoughby Hills$2.3 million1
24Astro Manufacturing & Design Inc, Eastlake$2.3 million2
25Lake Erie College, Painesville$2.2 million1
26Mr. Excavator, Inc., Kirtland$2.2 million1
27Classic International , Inc., Mentor$2.1 million1
28Crossroads Health, Mentor$2.1 million1
29Accurate Metal Machining, Inc, Painesville Twp$2.0 million1
29Bescast Inc, Willoughby$2.0 million1
29Crossroads Health, Mentor$2.0 million1
29Marous Brothers Construction Inc, Willoughby$2.0 million1
29Nhvs International Inc, Mentor$2.0 million1
29Pako Inc., Mentor$2.0 million1
29Platform Cement Inc, Mentor$2.0 million1
29Produce Packaging Inc., Willoughby Hills$2.0 million1
29The Mid West Forge Corp, Willoughby Hills$2.0 million1
38Clark Rubber & Plastic Co, Mentor$2.0 million2
39Olon Ricerca Bioscience LLC, Concord$2.0 million1
40Integrated Mill Systems, Inc., Eastlake$1.9 million1
41Merritt West LLC, Mentor$1.8 million2
42Enterprise Welding And Fabricating Inc, Mentor$1.8 million1
43Best Supply Inc, Eastlake$1.7 million1
44Enterprise Welding And Fabricating Inc, Mentor$1.7 million1
45Cast Nylons Co. Ltd., Willoughby$1.7 million1
46Ohio Associated Enterprises, LLC, Painesville$1.6 million1
473G Operating Company, LLC, Wickliffe$1.6 million1
48Mr. Excavator Inc., Kirtland$1.6 million1
49The Mill-Rose Company, Mentor$1.6 million1
50Fredon Corporation, Mentor$1.6 million1
51Anesthesia Associates P.L.L., Concord Township$1.5 million1
52Great Lakes Power Service Co, Mentor$1.5 million1
53Anesthesia Associates, P.L.L., Painesville$1.5 million1
54Exodus Integrity Services Inc, Willoughby$1.4 million1
55Jim Brown, Inc., Mentor$1.4 million1
56Royal Plastics Inc, Mentor$1.4 million1
57Alpha Imaging LLC, Willoughby$1.4 million1
58Alpha Imaging LLC, Willoughby$1.4 million1
59Air Power Dynamics LLC, Mentor$1.4 million1
60Air Power Dynamics, LLC, Mentor$1.4 million1
61Rki, Inc., Mentor$1.4 million1
62Princeton Tool, Inc., Mentor$1.4 million1
63Integrated Mill Systems Inc., Willoughby$1.4 million1
64Mum Industries Inc, Mentor$1.4 million1
64Mum Industries, Inc., Mentor$1.4 million1
66Winter Equipment Company, Incorporated, Willoughby$1.3 million2
67Tessa Precision Products Inc, Painesville$1.3 million2
68Slabe Machine Products Company, Willoughby$1.3 million1
69Meister Media Worldwide Inc, Willoughby$1.3 million1
70Lake Business Products, Inc., Eastlake$1.3 million1
71Innamorato Construction Company, Wickliffe$1.3 million1
72The Kennedy Group, Inc, Willoughby$1.3 million1
73Northern Ohio Plumbing Co Inc, Eastlake$1.2 million1
74John F Gallagher Plumbing Company, Inc, Eastlake$1.2 million1
75Meister Media Worldwide, Inc., Willoughby$1.2 million1
76Krengel Equipment LLC, Eastlake$1.2 million1
77Millennium Control Systems LLC, Eastlake$1.2 million1
78Jim Brown Ford, Inc., Mentor$1.2 million1
79Active Plumbing Supply Co., Painesville$1.2 million1
80The Almar Smith Corporation, Concord Township$1.1 million1
81The Dyson Corporation, Painesville$1.1 million1
82Rki Inc., Mentor$1.1 million1
83Lake County Young Men's Christian Association, Painesville$1.1 million1
84Dworken Bernstein Co., Lpa, Painesville$1.1 million1
85Fusion Incorporated, Willoughby$1.1 million1
86Contemporary Electric Inc, Willoughby$1.1 million1
86Contemporary Electric Inc., Willoughby$1.1 million1
88Tecmark Corporation, Mentor$1.1 million1
89Technical Assurance, Inc., Willoughby$1.1 million1
90Mid-West Materials, Inc., Perry$1.1 million1
91Lake County Young Men's Association, Painesville$1.1 million1
92Andrews Osborne Academy, Willoughby$1.0 million1
93The Dyson Corporation, Painesville$1.0 million1
94Stafast Products, Painesville$1.0 million1
94Stafast Products Inc, Painesville$1.0 million1
96Cometic Gasket Inc, Painesville$1.0 million1
97Ladies & Gentlemen Hair Stylists Inc., Mentor$1.0 million1
97Ladies And Gentlemen Inc., Mentor$1.0 million1
99Enpac L.L.C., Eastlake$1.0 million1
100Bud Industries Inc, Willoughby$984.5 thousand1

How the list is drawn

  • 100 of the 6,122 borrowers ranked in Lake County are listed: every one ranked in the top 100, with ties. Borrowers approved the same amount share a rank, so the list can be longer than 100.
  • A borrower is ranked here when SBA recorded its first loan in Lake County. Its amount is summed over every loan it was approved, a first draw, a second or both, and is not what was forgiven or repaid, which each borrower’s page shows loan by loan.

Sources

Data retrieved