ALCON INDUSTRIES (OH) - 2020 PPP Loan Borrower Profile (# 1051708505)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALCON INDUSTRIES. The PPP program 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
1051708505
SBA Office Code
0549
Processing Method
PPS
Curent Loan Amount
$2,000,000
Date Loan was Approved
Feb 18, 2021
Amount Forgiven
$1,735,171.51
Date Loan was Forgiven
May 3, 2023
Loan Status
Exemption 4
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
1,999,995
Lender
The Huntington National Bank

Business Detail

Business Type
Subchapter S Corporation
NAICS
331513
Borrower Location
Cleveland, OH
Project Location
Cleveland, OH
Rural/Urban
Urban
Hubzone
Yes
Labor Market Information (LMI)
Yes
Jobs Reported
130
Business Age Description
Existing or more than 2 years old
Data Source: SBA.