PPP Loan information for Bruce-merrilees electric company

$6,742,052

Bruce-merrilees electric company was initially approved for PPP Loan of amount $6,742,052, the current approved amount is $6,742,052. The loan was approved on 04/12/2020 by The The Huntington National Bank reported 249 jobs and $6,742,052 was used to fund payroll.

Bruce-merrilees electric company is Existing or more than 2 years old

BRUCE-MERRILEES ELECTRIC COMPANY

Date Approved

04/12/2020

SBA Office Code

0358

Processing Method

PPP

Borrower Name

BRUCE-MERRILEES ELECTRIC COMPANY

Borrower Address

930 Cass Street

Borrower City

NEW CASTLE

Borrower State

PA

Borrower Zip

16101-5202

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

6742052.00

Current Approval Amount

6742052.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW CASTLE

Project County Name

LAWRENCE

Project State

PA

Project Zip

16101-5202

CD

PA-16

Jobs Reported

249

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

6742052.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

6818154.07

Forgiveness Date

06/16/2021

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