Private company

Lake Erie College

Logo: Extracted from source at https://www.lec.edu/, Non-free logo, via Wikipedia4

Private college in Painesville, Ohio, U.S.

Lake Erie College is a private liberal arts college in Painesville, Ohio, United States. Founded in 1856 as a female seminary, the college converted to a coeducational institution in 1985.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1856Founded1
  • Industryhigher education1
  • HeadquartersPainesville, United States1
  • Websitewww.lec.edu
  • Legal formCORPORATION3
  • LEI549300OGAFGG57QZQL223
  • StatusActive3
  • LEI statusLapsed (not renewed)3
  • Registered addressC/O Brian F Dirk, 44077 Painesville, United States3
LEC College Hall
Photo: User:Dkocan, Public domain, via Wikimedia Commons6

Lake Erie College is a private liberal arts college in Painesville, Ohio, United States. Founded in 1856 as a female seminary, the college converted to a coeducational institution in 1985.2

The story

The Lake Erie Female Seminary was relocated to Painesville after Willoughby Seminary, founded in 1847, burned to the ground. Its founders include prominent local citizens Timothy Rockwell, general store owner Silas Trumbull Ladd, Judge William Lee Perkins, Mayor and Judge Aaron Wilcox, Charles Austin Avery and Judge Reuben Hitchcock, a president of the Cleveland and Mahoning Railroad and cousin of Edward Hitchcock.

Scholarship was not a chief concern at the Seminary in its earliest years, however. Educating future mothers through domestic work, physical education and etiquette ranked among the Seminary's chief aims. For a tuition of $160, seminarians were trained as teachers.

The Arts took up a home in the halls of Lake Erie. Helen Rockwell Morley Memorial Music Building, opened in 1927 – its classic Greek design, Corinthian pillars, seating for more than 1,000, and four-manual E.M. Skinner organ with 4,359 pipes. The building was designed by Abram Garfield.

The Civil Aeronautics Authority approved Lake Erie for a civilian pilot program in 1939, several years after Amelia Earhart visited the campus to speak to its Aviators Club. In the 1940s, President Helen D. Bragdon, a Harvard alumna, moved the college from more Victorian ideals toward an active, responsible citizenry.

A special exhibit of Modern art signaled the opening of Royce Hall for the Fine and Performing Arts in 1970. Prints, sculpture, graphics and more by celebrated artists such as Dali, dekooning, Magritte, Miro and Picasso were on display. R. Buckminster Fuller spoke at the facility's ground-breaking.

In 1985, Lake Erie College became coeducational, merging Garfield Senior College with Lake Erie College for Women, and men were admitted officially as students.

From Wikipedia’s article on Lake Erie College, shared under CC BY-SA 4.0.5

Timeline

  1. 1856Founded Founded1

Funding

Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.

Money received by year$2.2M 2020–2020
Money received by yearMoney received by year, 2020–2020: $2.2M in all. PPP loans $2.2M.$0$1M$2M$3M2020 · PPP loans: $2.2M2020
Figures by year
YearPPP loansTotal
2020$2.2M$2.2M

PPP loans

Paycheck Protection Program loans of $150,000 and up, approved April 2020 to July 2021, from the SBA7. Matched to this company by name and state.

  1. Apr 15, 2020$2.2M PPP loan (first draw) from Fifth Third Bank7To LAKE ERIE COLLEGE, Painesville OH; $2.2M forgiven Jun 9, 2021